The Press: Assessing the New Nixonomics

Coming as it did on a Sunday night when the presses were already rolling, President Nixon's surprise announcement of a turnabout in economic policy (see THE ECONOMY) presented a special problem for weekly publications. New York, for example, had already completed its press run of 333,500. Even as the stock market soared briefly in what was called "the Nixon Rally," New York appeared on the stands with a cover cartoon of Nixon fiddling a la Nero while the Stock Exchange burned. Inside was a six-page feature on "Wall Street's Case Against Richard Nixon."...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!