THE ECONOMY: The Council's Cure

Northern Democrats called Dwight Eisenhower a doddering old conservative when, during the 1958 campaign, he declared that liberal Democrats were headlong "spenders." But last week, with the election and Democratic victory well in the bag, Washington was doing a double take at a liberal spending program that proved that Ike had been guilty of understatement.

Under examination was a manifesto issued by the liberal-dominated Democratic National Advisory Council (among the members: Adlai Stevenson, Harry Truman, New York's Governor Averell Harriman and ex-Senator Herbert Lehman). The council urged greatly expanded federal programs...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

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