nov 17, 1967 - Acting on optimistic reports he was given on November 13, U.S. President Lyndon B. Johnson tells the nation that, while much remains to be done, "We are inflicting greater losses than we're taking ... We are making progress." (Two months later the Tet Offensive by the Viet Cong is widely reported as a Viet Cong victory by the U.S. press and thus as a major setback to the U.S.) (Timeline)