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Economic Predictions and Inflation Pledges in Nixon Era
Washington analysis tracks President Nixon and advisers George Shultz and Herbert Stein as they forecast inflation trends from 1971 to 1973. Early hopes for rapid price relief gave way to rising food costs and phased control measures, with unemployment projections improving but inflation stubborn.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Treasury
George P. Shultz
Herbert Stein
Council of Economic Advisors
Congress
Stein
Shultz
Joint Economic Committee
Office of Management and Budget
House
Ways and Means