Remarks of Welcome at the White House to Prime Minister Trudeau of Canada
03/23/1969
https://www.presidency.ucsb.edu...
I commend this report to the attention of the Congress.
Therefore, I am today transmitting a legislative proposal to establish a Cost of Living Task Force.
We are not going to resort to the discredited patent medicine of wage and price controls.
This was a serious act of omission for which I take full responsibility and which I deeply regret.