On the recordSeptember 21, 1964
A recession today, like those of the 1950's, would mean a loss of $20 billion a year in production, a loss of 1 1/2 million jobs, a 40 percent rise in unemployment.
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presidency.ucsb.eduA recession today, like those of the 1950's, would mean a loss of $20 billion a year in production, a loss of 1 1/2 million jobs, a 40 percent rise in unemployment.
Remarks in Atlantic City at the Convention of the United Steelworkers of America
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No man could serve where I have served now for more than 4 years and 5 long months--in this great office of all the people--without sensing that we are once again in 'a new time.'
I plan to leave here after the press conference this morning to go to Kansas City to meet with President Truman later in the day.
It is the living and the eternal theme of the United States of America--a Nation that has been made great by an infusion and mingling of all the cultures of the world.