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Anderson Herald in Anderson, Indiana

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Newspaper

Anderson Herald

Location

Anderson, Indiana, United States of America

Date

Aug 10, 1972

Page

14

Nixon Advisors Wary On Economic Path At Camp David

President Nixon's advisers, led by Connally, discuss Phase 2 wage and price controls and the continuing fight against inflation. They warn the program may face strains as wage growth and energy costs complicate the economy ahead of further measures.

Warrington Connally Nixons Camp David Nigon Ils Ston David Stein Anil Labro Vnion Nixon Umstold Ee Fee Iain Frank Ilving Ac Ito Tate Pels Congress Marvin Kosters Stein Living Council Gein Rumefeld Afl-Cio George Meany Aslg Tol Ike Wen Rules Ag Ceyalgral Sress Nally Dick Cheney Hement

Ambiguous Note Sparks Debate on Economic Plans

An unclear fragment hints at a discussion of inflation and unemployment with a tentative commitment expressed in principle. The text mentions a midsummer period and ongoing announcements, suggesting a political or policy context under consideration by officials.

Nixon plans wage price study and review board

The council met with the President days before Nixon sown. McCracken was assigned to study a wage price freeze and a review board. Stein says Nixon aimed to push a strong position, warning secrecy to prevent wage and price spikes.

Stein Nixon McCracken T Hey

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