Phase IV food price controls divide experts and shoppers
United Press International surveyed reactions to Phase IV as prices are set to rise despite grocers liking the move. Consumers, housewives, and farmers blame it for higher costs while economists warn inflation may linger. Industry leaders call it inadequate, with beef producers criticizing the policy as inflation continues.
MENTIONED IN THIS ARTICLE
United Press International
Ethel Rosen
Onder
Arling Mathews
Fight
FIT
Southern California
iAllied Supermarkets Inc
Vth
America
Nixon Phase 4 plan details food price shifts
Washington AP reports Nixon Phase 4 easing food price controls. Food prices excluding beef may rise immediately, with beef held under March ceilings until Sept 12. Nonfood goods stay frozen until Aug 13. some small businesses and utilities gain exemptions. Wages follow Phase 2-3 guidelines with limited increases. Savings urged for nonfood sectors and energy prices set with future decontrol goals.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Presse
Gevoline
Prices for 1974 Cars Could Rise Up to 150 Dollars
Discussion notes that 1974 model vehicles may cost up to 150 dollars more than 1973 due to phase two price controls and added safety equipment. Major automakers GM Ford Chrysler AMC cite rising costs since 1972 while promising limited price increases until new models arrive. Authorities expect further talks in August as buyers rush to beat anticipated hikes.
MENTIONED IN THIS ARTICLE
Nixon
Fariner
General Motors
Ford
Chrysler
American Motors
Morch
U.S
Phase 4 policy earns mixed GOP praise and Dem criticism
Republican leaders call Phase 4 tough and necessary to curb food price spikes while Democrats and union officials warn it will raise living costs for city residents and workers. Critics fear wage guidelines and price increases will erode buying power, potentially prompting food aid and broader economic strain.
MENTIONED IN THIS ARTICLE
Walington
Tists
Tabor
Senate
Hugh Scott
House
Jeader
Scott
Ford
Afl-Cio
George Meany
Paul Jennings
International Union of Libetrical Workers
James H. Rademacher
National Association of Letter Carriers
U.S. Postal Service
Trademacher
Rademacher
Patrick &. Gorman
Thomas P. O'Neil
Also Mentioned on This Page
Bill Hamaily
Big Star Super Markets
Charleston
W. Va
Pzcker
National Livestock Feeders Association
Milton J. Brown
Virgil Huseman
Kansas Livestock Association
Hey
Mary Jepkins
Kan
Feet Yard
Don Paarlberg
Agriculture Department
William Rahmig
Madison Fund
John Kenneth Galbraith
Milton Friedman
University of Chicago
White House
Friedman
Big Paw
Couneil
George Schultz
Gop
Demos
van Heusen
Hayward
Southland
Fremont
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