On the recordNovember 7, 2003
The Humphrey-Hawkins bill had a 4-percent unemployment rate. So it was premised on the view that we could get down to that rate before we encountered an inflation problem.
Said by
Paul S. Sarbanes
The Humphrey-Hawkins bill had a 4-percent unemployment rate. So it was premised on the view that we could get down to that rate before we encountered an inflation problem.
Referencing the Humphrey-Hawkins bill and its unemployment rate goals.
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