TITLE

The Economy in '73

AUTHOR(S)
Ulmer, Melville J.
PUB. DATE
December 1972
SOURCE
New Republic;12/23/72, Vol. 167 Issue 24/25, p15
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Forecasts the economic conditions and business activities in the United States. Assessment of U.S. President Richard Nixon's economic policy in reviving the economy; Details of the strategy adopted by the Nixon administration to bring a turnabout in business activity in the U.S.; Argument pertaining to the business plan of various corporations to raise investment; Fear that expanding business activities may intensify inflation as experienced in the past; Information about the rise of consumer price index in successive quarters from 2.6 percent at an annual rate, to 3.5 percent, to 3.8 percent, and to 4.1 percent in the past three months; Analysis of the effect of rising prices on the wage of laborers.
ACCESSION #
10625274

 

Related Articles

  • Free Fall.  // Time;11/22/1971, Vol. 98 Issue 21, p34 

    The article focuses on a fall in the interest rates in the U.S., and its impact on the economy. It discusses how President Richard M. Nixon's new economic policy has been successful in pushing down interest rates, lowing costs for both the businessmen who want to borrow to buy new equipment and...

  • Freeze II: Back to the Drawing Board.  // Time;6/25/1973, Vol. 101 Issue 26, p25 

    The article reports on the statement of U.S. Treasury Secretary George Shultz on the attempt of President Richard Nixon's administration to control the country's inflation. Nixon has implemented tighter standards and mandatory compliance procedures in order to curb inflation. However, the...

  • A Complex Formula For Prices.  // Time;11/22/1971, Vol. 98 Issue 21, p34 

    The article informs of U.S. President Richard Nixon's plan to get the inflation rate down by two to three percent by the end of 1972 by fixing the Price Commission's post-freeze guidelines. It discusses the drafting of Phase II economic plan, linking the price levels to a company's financial...

  • THE NEW ECONOMIC POLICY: ANOTHER VIEW. Weidenbaum, Murray L. // Nebraska Journal of Economics & Business;Autumn72, Vol. 11 Issue 4, p79 

    Assesses the implementation of the economic policies issued by U.S. President Richard Nixon in August 1971. Patterns of consumer price index; Benefits from the policies; Factors influencing economic stabilization.

  • Inflation Watch.  // Time;7/2/1973, Vol. 102 Issue 1, p60 

    The article offers news briefs related to inflation in the U.S. The Consumer Price Index for May 1973 rose at 7.2 percent annual rate which is equivalent to the increase in April 1973. In an effort to attract investors, the government has modified its guidelines to allow companies to increase...

  • The New Boss.  // Time;8/8/1960, Vol. 76 Issue 6, p12 

    An interview with U.S. President Richard M. Nixon is presented. He notes that it is important for the Republican Convention to adopt an honest civil rights platform. He mentions that if someone who is nominated for Vice President mainly on foreign or domestic affairs, he should shares his views...

  • Wage-price freeze alters outlook for long-term interest rates. Nagan, Peter S. // Banking;Oct71, Vol. 64 Issue 4, p8 

    Focuses on how the economic policy unveiled by President Richard Nixon in 1971 is altering the outlook for longer-term interest rates. Details on how the administration is dealing with the problem of inflation; Outlook on business; Impact on the money market.

  • Big Unions Get Theirs: Where's Phase II? Dietsch, Robert W. // New Republic;12/18/71, Vol. 165 Issue 25, p11 

    Focuses on the Phase II of U.S. President Richard Nixon's economic policy. Reduction in the number of people fined for violation of rules; Aim of the policy to seek voluntary cooperation; Need to resolve the problem of inflation; Possibility that Phase II will not last long in its present form;...

  • The Economy: Crisis of Confidence.  // Time;Jun1970, Vol. 95 Issue 22, p49 

    The article discusses the slowing down of the U.S. economy by President Richard Nixon. According to his advisors, government will balance the budget and pump less money into banking system, and inflation can stop without pain and danger to the public and politicians respectively. It mentions...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics