Economic Growth

Archive Report

Need for Expansion of U.S. Economy

Challenges in Soviet Union's Economic Goals

Soviet Premier Nikita S. Khrushchev told delegates to the 21st Soviet Communist Party Congress at Moscow last Jan. 27 that Russia would “outstrip the United States in industrial output” by 1970 or “perhaps even sooner.” Director Allen W. Dulles of the Central Intelligence Agency has called the Khrushchev boast “nothing more than wishful thinking.”1 However, Dulles in a speech on April 8 warned the American people of three “sobering implications” in Soviet economic progress:

First of all, rapid economic growth will provide the Kremlin leaders with additional resources with which to intensify the arms race…. Secondly, some additional improvements can be made in the standards of living of the Russian people, … Finally, the Soviet ...

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