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 4
... pressures on profit margins . With the growth of sales slowing down , there will be little or no in- crease in pretax profits this year , and profits in the fourth quarter of 1966 already appear somewhat disappointing . Business also ...
... pressures on profit margins . With the growth of sales slowing down , there will be little or no in- crease in pretax profits this year , and profits in the fourth quarter of 1966 already appear somewhat disappointing . Business also ...
Page 8
... pressures . To keep the economy moving steadily ahead , a close watch on economic develop- ments and a maximum ... pressures on labor markets should abate somewhat , particularly in the unorganized sectors where pressures were greatest ...
... pressures . To keep the economy moving steadily ahead , a close watch on economic develop- ments and a maximum ... pressures on labor markets should abate somewhat , particularly in the unorganized sectors where pressures were greatest ...
Page 20
... pressures on demands in many areas , we had a huge surge in imports which was unfavorable . On the other hand , as you point out , the tight money and high interest rate conditions in the United States certainly did have favorable ...
... pressures on demands in many areas , we had a huge surge in imports which was unfavorable . On the other hand , as you point out , the tight money and high interest rate conditions in the United States certainly did have favorable ...
Page 33
... pressures have developed . Such a high growth rate of output is not sustainable without causing further severe pressures and im- balances . Now that we have attained a relative low rate of unemployment . we can maintain this rate with a ...
... pressures have developed . Such a high growth rate of output is not sustainable without causing further severe pressures and im- balances . Now that we have attained a relative low rate of unemployment . we can maintain this rate with a ...
Page 34
... pressures as the year draws to a close . DR . ARTHUR F. BURNS , PROFESSOR OF ECONOMICS , COLUMBIA UNIVERSITY AND PRESIDENT , NATIONAL BUREAU OF ECONOMIC RESEARCH : " THE ECONOMIC AND FINANCIAL OUTLOOK " Let me now summarize briefly what ...
... pressures as the year draws to a close . DR . ARTHUR F. BURNS , PROFESSOR OF ECONOMICS , COLUMBIA UNIVERSITY AND PRESIDENT , NATIONAL BUREAU OF ECONOMIC RESEARCH : " THE ECONOMIC AND FINANCIAL OUTLOOK " Let me now summarize briefly what ...
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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