Economic Report of the President: Hearings Before the Joint Economic Committee, Congress of the United StatesU.S. Government Printing Office, 1971 |
Contents
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Common terms and phrases
administration agricultural average Beecher Chairman PROXMIRE changes committee Congress construction consumer costs Council of Economic countries defense deficit Department dollars Economic Advisers Economic Report economists economy effect environmental estimate expansion exports fact farm farmers Federal Reserve figures fiscal policy forecast full employment budget funds Genesee County going Government gross national product growth housing HOUTHAKKER impact important improvement income incomes policy increase industry inflation interest rates labor MCCRACKEN ment mobile homes monetary policy money stock money supply nominal GNP outlays percent President President's problem projected proposed question reason record Representative BOGGS Representative BROWN Representative REUSS result revenue sharing rise rural Secretary HARDIN Secretary ROMNEY Secretary STANS Senator JAVITS Senator MILLER Senator SPARKMAN SHULTZ spending statement steel stimulate surplus Thank things tion trade balance unemployment units variables wage WILLIAM PROXMIRE
Popular passages
Page 545 - But apart from this contemporary mood, the ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist.
Page 667 - States welcomes the opportunity to comment on the Economic Report of the President and the Annual Report of the Council of Economic Advisers.
Page 813 - Loans of all operating banks, the production credit associations, and the Farmers Home Administration, and discounts of the Federal intermediate credit bank for...
Page 389 - No person in the United States shall on the ground of race, color, national origin, or sex be excluded from participation in, be denied the benefits of, or be subjected to discrimination under any program or activity funded in whole or in part with funds made available under this title.
Page 173 - Budget, the Chairman of the Council of Economic Advisers, and the Director of the Office of Science and Technology may each designate a member of his staff to attend meetings of the Committee as an observer.
Page 635 - Free prices and wages are the heart of our economic system; we should not stop them from working even to cure an inflationary fever. I do not intend to impose wage and price controls which would substitute new, growing and more vexatious problems for the problems of inflation.
Page 26 - Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.
Page 635 - I do not intend to impose wage and price controls which would substitute new, growing, and more vexatious problems for the problems of inflation. Neither do I intend to reply upon an elaborate facade that seems to be wage and price control but is not.
Page 261 - Any person who willfully and knowingly makes, circulates or transmits to another or others any statement or rumor, written, printed or by word of mouth, which is untrue in fact and is directly or by inference derogatory to the financial condition or affects the solvency or financial standing of any building and loan association, doing business in this state, or who knowingly counsels, aids, procures or induces another to start, transmit or circulate any such statement or rumor, is guilty of a misdemeanor...
Page 846 - If it is agreed that economic output is a good thing it follows by definition that there is not enough of it.