Political Quotes

On the recordNovember 14, 1971
I think that we can say now that with the decision of the Pay Board with regard to a 5½ percent increase in wages during the next year, with the decision of the Price Commission, which aimed to the goal of between 2 and 3 percent on the price side, that with the massive public support that we had which made Phase 1 such a success in stopping inflation, that that public support continuing in Phase 2 will mean that the year 1972 will see a year in which we cut inflation in half in this country.
Said by
Richard Nixon
Republican · California

Editor's note · Context

Remarks at a Meeting of the Cost of Living Council.

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