Economic Report of the President: Hearings Before the Joint Economic Committee, Congress of the United StatesU.S. Government Printing Office, 1967 |
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Page 2
... indicated that several additional days of hearings would be held after the Lincoln Birthday recess to hear the views of other invited witnesses on the subject of the economy and the President's recommendations . These will be announced ...
... indicated that several additional days of hearings would be held after the Lincoln Birthday recess to hear the views of other invited witnesses on the subject of the economy and the President's recommendations . These will be announced ...
Page 30
... indicated a continued increase in con- sumer prices , but with a slowing rate in the second half . Wholesale prices have stabilized of late , and the forum has them moving up in '67 less than the CPI . For the last key aggregate ...
... indicated a continued increase in con- sumer prices , but with a slowing rate in the second half . Wholesale prices have stabilized of late , and the forum has them moving up in '67 less than the CPI . For the last key aggregate ...
Page 31
... indicate a rise of less than half of 16 % increase occurring this year . On the National Income basis , we expect ... indicates that the model at that time pointed to contingent growth throughout '67 at roughly a 4 % per year rate with ...
... indicate a rise of less than half of 16 % increase occurring this year . On the National Income basis , we expect ... indicates that the model at that time pointed to contingent growth throughout '67 at roughly a 4 % per year rate with ...
Page 33
... indicated for retail food prices . The rise is not expected to be anything like the big increase now indi- cated from 1965 to 1966. However , it is expected to exceed the average annual increase of 11⁄2 percent from 1960 to 1965 ...
... indicated for retail food prices . The rise is not expected to be anything like the big increase now indi- cated from 1965 to 1966. However , it is expected to exceed the average annual increase of 11⁄2 percent from 1960 to 1965 ...
Page 34
... indicated by a simple projection of past trends . Business capital outlays will rise $ 6 billion of 7 % percent in the full year 1967. Although this is only 60 percent as much as the dollar rise in 1966 , it is still a considerable ...
... indicated by a simple projection of past trends . Business capital outlays will rise $ 6 billion of 7 % percent in the full year 1967. Although this is only 60 percent as much as the dollar rise in 1966 , it is still a considerable ...
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ACKLEY balance of payments benefits billion capital Chairman PROXMIRE changes COHEN Congress Consumer Price Index corporations cost Council of Economic defense deficit demand dollar Economic Advisers Economic Report effect estimates expansion expenditures fact Federal Reserve figure financing fiscal policy full employment going GOLDFINGER Government gross national product growth guideposts impact incomes policy industry inflation inflationary interest rates investment Joint Economic Committee labor MARTIN ment monetary policy money supply national income percent period present President President's pressures price increases problem profits programs proposed quarter question recession reduce Representative BROCK Representative CURTIS Representative GRIFFITHS Representative REUSS Representative RUMSFELD Representative WIDNALL restraint revenues rise SCHULTZE Secretary FOWLER Secretary WIRTZ sector Senator JAVITS Senator MILLER Senator SYMINGTON situation social security spending stability statement tax increase tion TROWBRIDGE unemployment unemployment rate Vietnam wage workers