Richard Nixon actually said...

the problem of regaining equilibrium in the U.S. balance of payments cannot be solved with expedients that postpone the problem to another y...

we intend to deal with fundamentals

Building on the solid base of a healthy, noninflationary economy--a base that only the fundamentals of fiscal and monetary restraints now ca...

Inflation has drawn in a flood of imports while it has diminished our competitiveness in world markets and thus dampened our export expansio...