10/24/1960
https://www.presidency.ucsb.edu...
"They have helped to cause recessions in previous years, including 1958 and 1960, and unless they are reduced, they can cause recessions again."
"But our loss from excessive unemployment in recent years has been 20 times as great as our loss from strikes."
"Recessions mean high unemployment and high budget deficits."
"We are the only country, nearly, in the West which has such a large percentage of unemployed."