TITLE

Same Old Medicine

AUTHOR(S)
Ulmer, Melville J.
PUB. DATE
January 1975
SOURCE
New Republic;1/25/75, Vol. 172 Issue 4, p9
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Criticizes the competing strategies of U.S. President Gerald R. Ford and the Democratic Congressmen to overcome the nation's economic crisis. Author's claim that the proposed remedies, particularly the reduction of taxes, are not likely to work as evidenced by history; Usual technique of fighting inflation with recession and recession with inflation; Author's prediction that unemployment rates would reach record levels since 1941 if Ford's recommendations are followed; Recession expected to be relieved only moderately by an improvement in inflation.
ACCESSION #
10013865

 

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