Business: Top of the Decade: Business

> The longest U.S. economic expansion begins—an eight-year advance, 1961.

> The great electrical price-fixing conspiracy brings jail sentences for seven executives, 1961.

> Congress enacts President Kennedy's $11.5 billion tax cut, a victory for Keynesian economic policy, 1964.

> President Johnson's decision to avoid raising taxes launches the current inflation, 1966.

> The Kennedy Round of tariff cuts stimulates huge growth in world trade, 1967.

> National Alliance of Businessmen is created to find 500,000 jobs for the hardcore unemployed,...

Want the full story?

Subscribe Now


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

Learn more about the benefits of being a TIME subscriber

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