May 1953
New Republic;5/4/53, Vol. 128 Issue 18, p3
The article focuses on several developments in the U.S., as of May 4, 1953. The U.S. government is taking two big gambles which the public hardly understands, each a reversal of the U.S. President Harry S. Truman policy and each possibly fateful. At home the government is slapping on anti-inflation brakes by artificially boosting interest rates: it is making it harder for farmers, homeowners, veterans, consumers and business generally to borrow money. Ike's reflection of the role of leader in dealing with Congress was vividly illustrated in last week's House vote to kill the housing bill. Public housing has been whittled down to only 35,000 new units a year.


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