On the recordJanuary 31, 1971
I do not intend to impose wage and price controls which would substitute new, growing and more vexatious problems for the problems of inflation.
Source
presidency.ucsb.eduI do not intend to impose wage and price controls which would substitute new, growing and more vexatious problems for the problems of inflation.
Annual Message to the Congress: The Economic Report of the President
Share
More from Richard Nixon
This, more than anything, is what I hope will be my legacy to you, to our country, as I leave the Presidency.
I firmly believe that our current fiscal situation demands national unanimity on the issues of a larger concern.
Always remember, others may hate you, but those who hate you don't win unless you hate them, and then you destroy yourself.
Further study is essential if we are to avoid ineffective Federal spending for these purposes.