Eisenhower Calls Slump a Minor Emergency
President Eisenhower described the economic downturn as a minor emergency and urged calm. He criticized Democratic unemployment plans and defended his tax-cut approach as essential to restoring confidence while warning against rapid, broad expansions of federal aid.
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Eisenhower says economy not simple but needs bold steps
President Eisenhower warns recovery requires deliberate action and sacrifices. He rejects a Pollyanna outlook, notes daily reappraisal, and urges careful, right-timed measures. When pressed about his own purchases he deflects, asking to see his personal aide instead.
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Eisenhower
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