The Economic Report of the President: Hearings Before the Joint Economic Committee, Congress of the United States

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U.S. Government Printing Office, 1964

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Page 38 - With that act, government in theory assumed responsibility for "maximum employment, production, and purchasing power." The policy declaration in the act states: The Congress hereby declares that it is the continuing policy and responsibility of the Federal Government to use all practicable means consistent with its needs and obligations and other...
Page 38 - Employment Act of 1946". DECLARATION OF POLICY SEC. 2. The Congress hereby declares that it is the continuing policy and responsibility of the Federal Government to use all practicable means consistent with its needs and obligations and other essential considerations of national policy, with the assistance and cooperation of industry, agriculture, labor, and State and local governments, to coordinate and utilize all its plans, functions, and resources for the purpose of creating and maintaining,...
Page 139 - President in the budget of the United States Government for the fiscal year ending June 30, 1969. The bill would authorize appropriations to be made to the National Aeronautics and Space Administration in the sum of $4,370,400,000, as follows: (1) for "Research and development...
Page 156 - President, the Economic Report of the President and the Annual Report of the Council of Economic Advisers already go a long way toward specifying an economic and financial program.
Page 32 - Indeed, the drop in net exports between the first quarter of 1957 and the first quarter of 1958, measured in current prices, came to $4.3 billion, on an annual rate basis.
Page 93 - ... been identified by Federal agencies and emphasized in appraisals of the adequacy of existing economic and social statistics by the Joint Economic Committee of the Congress, the Subcommittee on Census and Government Statistics of the House Committee on Post Office and Civil Service, the President's Committee To Appraise Employment and Unemployment Statistics and other groups representing business, labor, and research organizations.
Page 2 - Low-Income Families and Economic Stability" (materials on the problem of low-income families assembled by the staff of the Subcommittee on Low-Income Families), Senate Document 231, September 1950; reprinted from committee print of November 1949.
Page 3 - The subcommittee recommends that industry, and management for its part, must be prepared to accept the human costs of displacement and retraining as charges against the savings from the introduction of automation.
Page 27 - Poverty is costly not only to the poor but to the whole society. Its ugly by-products include ignorance, disease, delinquency, crime, irresponsibility, immorality, indifference.
Page 29 - It is desirable that labor and management should bargain explicitly about the distribution of the income of particular firms or industries. It is, however, undesirable that they should bargain implicitly about the general price level.

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