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
... quarter of 1966 already appear somewhat disappointing . Business also has lost the investment tax credit and accelerated depreciation in buildings ; it is paying higher payroll taxes for social security this year , and major boosts are ...
... quarter of 1966 already appear somewhat disappointing . Business also has lost the investment tax credit and accelerated depreciation in buildings ; it is paying higher payroll taxes for social security this year , and major boosts are ...
Page 19
... quarter of last year was the first time in several years in which our balance of trade im- proved . We expect that improvement to continue in 1967 . The surge of imports that we had last year is largely explained by the state of our ...
... quarter of last year was the first time in several years in which our balance of trade im- proved . We expect that improvement to continue in 1967 . The surge of imports that we had last year is largely explained by the state of our ...
Page 26
... quarter thereafter an objective evaluation should be made of the economy by the Council of Economic Advisers to determine the extent to which the economy as a whole is achieving the goals reflected in the guideposts . B. That if the ...
... quarter thereafter an objective evaluation should be made of the economy by the Council of Economic Advisers to determine the extent to which the economy as a whole is achieving the goals reflected in the guideposts . B. That if the ...
Page 30
... quarter , 1967 . Changes in the index of industrial production are expected to be far more mod- est than the ... quarter now . I expect the rise to be about $ 2 billion by spring and $ 1 billion per quarter later in 1967. But defense ...
... quarter , 1967 . Changes in the index of industrial production are expected to be far more mod- est than the ... quarter now . I expect the rise to be about $ 2 billion by spring and $ 1 billion per quarter later in 1967. But defense ...
Page 31
... quarter , about $ 1 billion less than this year . Non - residential construction , plus producers ' durable equipment spending will rise only 5 % from this year's anticipated fourth - quarter rate to the third quarter of 1967 with no ...
... quarter , about $ 1 billion less than this year . Non - residential construction , plus producers ' durable equipment spending will rise only 5 % from this year's anticipated fourth - quarter rate to the third quarter of 1967 with no ...
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Common terms and phrases
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