On the recordOctober 20, 1968
The old leadership is thinking of treating the symptoms of inflation by bringing to bear the most harmful tool in the economist's kit: Wage and Price Controls.
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presidency.ucsb.eduRichard Nixon: “The old leadership is thinking of treating the symptoms of inflation by bringing to bear the most harmful tool in the…”
Editor's note · Context
Remarks on the CBS Radio Network: 'An Open Door for American Labor'
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More from Richard Nixon
Aug 4, 1974
This was a serious act of omission for which I take full responsibility and which I deeply regret.
Aug 7, 1974
This, more than anything, is what I hope will be my legacy to you, to our country, as I leave the Presidency.
Aug 6, 1974
I invite the Governors of the States and of the Commonwealth of Puerto Rico and other officials at the local level to issue similar proclamations.
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