"The United States will have lost its negotiating flexibility and influence."
"Federal employees, like all other citizens, are suffering financially from the current high level of inflation."
"I believe this program gave all Americans a better appreciation of how powerful the forces of inflation are in our economy."
"It also gave us convincing proof that wage and price controls are not the right way to solve the long-range problems of our economy."
"We in America want more trade, not protectionism."
"We in America want price stability, not inflation."
"We in America want growth, not stagnation."
"The Committee shall encourage the establishment of labor-management committees in particular sectors or industries as may be appropriate."
"We in America want more cooperation, not more isolation."
"We want solutions which serve very broad interests, rather than narrow, self-serving ones."
"There is hereby established the President's Labor-Management Committee."
"All executive departments and agencies of the Federal Government are authorized and directed to cooperate with the Committee."