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We must continue to pay particular attention to our fiscal, monetary, and tax policy, programs to aid business especially small business and transportation, labor-management relations and wage-price policy, social security and health, education, the farm program, public works, housing and resource development, and economic foreign policy.
Within this same framework of growth and wage-price stability: This administration has helped keep our economy competitive by widening the access of small business to credit and Government contracts, and by stepping up the drive against monopoly, price-fixing, and racketeering;
Two of the most important of these causes are the wage-price spiral and continued deficit financing. Inflation would reduce job opportunities, price us out of world markets, shrink the value of savings and penalize the thrift so essential to finance a growing economy. Inflation is not a Robin Hood, taking from the rich to give to the poor.
Two of the most important of these causes are the wage-price spiral and continued deficit financing. Inflation would reduce job opportunities, price us out of world markets, shrink the value of savings and penalize the thrift so essential to finance a growing economy. Inflation is not a Robin Hood, taking from the rich to give to the poor.
We must continue to pay particular attention to our fiscal, monetary, and tax policy, programs to aid business especially small business and transportation, labor-management relations and wage-price policy, social security and health, education, the farm program, public works, housing and resource development, and economic foreign policy.
We must encourage the self-discipline, the restraint necessary to curb the wage-price spiral and we must meet current costs from current revenue. To minimize the danger of future soaring prices and to keep our economy sound and expanding, I shall present to the Congress certain proposals.
We must encourage the self-discipline, the restraint necessary to curb the wage-price spiral and we must meet current costs from current revenue. To minimize the danger of future soaring prices and to keep our economy sound and expanding, I shall present to the Congress certain proposals.
Labor and management in many industries have been operating successfully under the Government's wage-price policy. Upward revisions of wage scales have been made in thousands of establishments throughout the Nation since VJ-day.
Within the framework of the wage-price policy there has been definite success, and it is to be expected that this success will continue in a vast majority of the cases arising in the months ahead. However, everyone who realizes the extreme need for a swift and orderly reconversion must feel a deep concern about the number of major strikes now in progress.
Within this same framework of growth and wage-price stability: This administration has helped keep our economy competitive by widening the access of small business to credit and Government contracts, and by stepping up the drive against monopoly, price-fixing, and racketeering;
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