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241: The Bay of Pigs Invasion
... disagreed with the measures suggested and stopped the plan. Castro overthrew Batista in 1959. Originally Castro was not a communist either and even had meetings with then Vice-President Richard Nixon. Fearful of Castro's revolution, people with money, like doctors, lawyers, and the mafia, left Cuba for the United States. To prevent the loss of more capital Castro's solution ...
242: Woodrow Wilson
... route to such an office (from being a zoology professor at the University of Washington, Dixie Lee Ray went on to become governor--but her stepping stones were positions as Nixon's chairman of the Atomic Energy Commission and Assistant Secretary of State, not the presidency of the university!). From the governorship, Wilson began his successful campaign for president of the ...
243: Affirmative Action
... gain an advantage over majority groups in college admissions and in employment. In 1970, the Department of Labor exposed widespread racial discrimination of the Construction Department so President Richard M. Nixon decided to incorporate a system of "goals and timetables" to evaluate federal construction companies according to Affirmative Action. This idea of "goals and timetables" provided guidelines for companies to follow ...
244: Minimum Wage
... established the national minimum wage at 25 cents an hour; it banned oppressive child labor and set the maximum workweek at 44 hours. Since then, Presidents Truman, Eisenhower, Kennedy, Johnson, Nixon, Carter, Bush, and Clinton have signed minimum wage increases into law. When President Truman was in office, he signed the conference compromise bill, which about 1.5 million earners received ...
245: Issues to Consider When Implementing a Corporate Code of Ethics
... big corporations and did not question their motives or actions. The American people felt that whatever the corporations were doing would benefit the people and the country. Then came the Nixon/Watergate scandal and it was during this era that America’s innocence and naiveté was broken. The public began to scrutinize corporations and elected public officials actions to question what ...
246: Deficit Spending
... would be eliminated and the economy which was much larger than the amounted debt would quickly absorb it. The last time the budget ran a surplus was in 1969 during Nixon's presidency. Budget deficits have grown larger and more frequent in the last half-century. In the 1980s they soared to record levels. The Government cut income tax rates, greatly ...
247: Deficit Spending: The Deficit Good or Bad
... would be eliminated and the economy which was much larger than the amounted debt would quickly absorb it. The last time the budget ran a surplus was in 1969 during Nixon's presidency. Budget deficits have grown larger and more frequent in the last half-century. In the 1980s they soared to record levels. The Government cut income tax rates, greatly ...
248: U.S. Budget Deficit - Good or Bad?
... would be eliminated and the economy which was much larger than the amounted debt would quickly absorb it. The last time the budget ran a surplus was in 1969 during Nixon’s presidency. Budget deficits have grown larger and more frequent in the last half-century. In the 1980s they soared to record levels. The Government cut income tax rates, greatly ...
249: The National Debt
... U.S. Government came up with the gold standard and stopped minting silver coins. The coins were then made from scrap pieces of metal and the cash became paper. Richard Nixon and Gerald Ford passed the debt and added to it. The first sign of bankruptcy occured during the Jimmy Carter Presidency. Inflation skyrocketed and interest rates fluttered near 20%. President ...
250: Milton Friedman
... 1949, 1954, 1956, 1960-61, 1970, 1973-75, 1980-83, 1990-92 ), but not one has turned into a depression. The success of Keynesian economics was such that even Richard Nixon once said, "We are all Keynesians now(Keynes, 289)." Well, that was the theory the governments were using at the time to control the economy. Obviously there were some people ...


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