TITLE

Freezing Consumers

AUTHOR(S)
Nader, Ralph
PUB. DATE
April 1972
SOURCE
New Republic;4/15/72, Vol. 166 Issue 16, p12
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Presents information on Price Commission in the U.S. Information that the Wholesale Price Index have been accelerating faster than before the 90-day freeze imposed in mid-August; Conclusion that corporations will be able to boost their after-tax profits by 17 to 22 percent in 1972; Information that the Consumer Price Index has gone up at an annual rate of almost 5 percent-twice the goal of the President's stabilization program; Refusal by the Commission to hold any formal public hearings on any proposed change in prices, rents, interest rates or corporate dividends.
ACCESSION #
10625307

 

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