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The Forecast: Slower-Paced Economy
Tax Policy, Defense Funds Loom as Keys President's Advisers Scoff At Recession Ackley Sees Slower Growth, No Recession
The Washington Post, Times Herald (1959-1973) - Washington, D.C.
Author: By Hobart Rowen Business and Financial Editor
Date: Jan 8, 1967
Start Page: K1
Pages: 2
Section: Business

A YEAR AGO, the big economic question centered on the prospect that the economy might be overheating. And indeed, spurred by record business investment, and a wargoods boom whose dimensions exceeded all expectations, the U.S. in 1966 moved through the strains of a mild inflation.

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