Jimmy Carter actually said...

"Inflation is a corrosive nation-wide problem, and yet the Federal Government's direct control over wages and prices is limited."

"I have already ordered pay raises reduced for Federal employees."

"I am directing that price escalation clauses of all new or renegotiated Federal contracts reflect the principle of deceleration."

"President Carter has stated the determination of the United States to make a positive contribution to the work of the conference."