While I continue to oppose mandatory wage and price controls, it is essential that wages and prices be carefully watched, that labor and management be constantly aware of public concern in this area, and that Government have the information it needs to persuade labor and management to do their duty in the effort to reduce inflation.
Special Message to the Congress Proposing Establishment of a Cost of Living Task Force
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More from Richard Nixon
To leave office before my term is completed is abhorrent to every instinct in my body.
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.
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