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Escalation of War Could Bring Economic Controls
New York AP report flags price and wage limits as a possible tool if Vietnam war intensifies. Okun argues against controls as inflation fears grow, while Connor warns actions may be needed but not imminent.
MENTIONED IN THIS ARTICLE
New York
Johnson
Vietnam
Arthur Okun
President's Council of Economic Advisers
Okun
Connor
American Ordnance Association
Office of Emergency Planning