Historical Working Papers on the Economic Stabilization Program, August 15, 1971, to April 30, 1974, Volumes 1-2The Office, 1974 - 1538 pages |
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Page v
... inflation . This project was launched in March , 1974 , by John T. Dunlop , Director , and James W. McLane , Deputy Director , of the Cost of Living Council , and continued under our general direction after the termination of the Cost ...
... inflation . This project was launched in March , 1974 , by John T. Dunlop , Director , and James W. McLane , Deputy Director , of the Cost of Living Council , and continued under our general direction after the termination of the Cost ...
Page 9
... inflation . The timing of the announcement , and its character , were determined by the need to deal with the deteriorating international monetary situation . As is frequently the case with major policy changes in a complex society ...
... inflation . The timing of the announcement , and its character , were determined by the need to deal with the deteriorating international monetary situation . As is frequently the case with major policy changes in a complex society ...
Page 10
... inflation ; and the Freeze was a visible and dramatic domestic economic initiative . At the same time , the moves toward devaluing the dollar had to be presented in a way that would make them acceptable to the American people . By ...
... inflation ; and the Freeze was a visible and dramatic domestic economic initiative . At the same time , the moves toward devaluing the dollar had to be presented in a way that would make them acceptable to the American people . By ...
Page 11
... inflation or in maintaining public confidence in the ability of the Government to stabilize wages and prices . The first step toward an incomes policy was tentative . In an address to the nation on June 17 , 1970 , the President ...
... inflation or in maintaining public confidence in the ability of the Government to stabilize wages and prices . The first step toward an incomes policy was tentative . In an address to the nation on June 17 , 1970 , the President ...
Page 13
... inflation run rampant , thus removing the psychological element in inflation . A primary cause of this inflationary psychology , Dr. Burns thought , was the high pay adjustments being won by unions . Labor looked to large wage ...
... inflation run rampant , thus removing the psychological element in inflation . A primary cause of this inflationary psychology , Dr. Burns thought , was the high pay adjustments being won by unions . Labor looked to large wage ...
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Common terms and phrases
5.5 percent Administration agency allowable cost amend the Economic analysis approved April 30 August 15 authority average base period profit base price benefits bilization Act bill to amend ceiling changes CISC Committee Congress Congressional contract controls program cost increases Cost of Living decision developed Dunlop Economic Stabilization Act Economic Stabilization Program effect employee units exemption Federal firm's firms Freeze George Shultz House included incomes policy industry inflation issue labor legislation levels Living Council March 29 ment November November 14 Office operations pass-through Pay Board period profit margin petroleum Phase prenotification President Price Commission price controls price increases problems profit margin test proposed public sector regulations relief Representative Senate Shultz staff standard Stat tion United States Code vote wage and price wage controls wage increases Wright Patman