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Nixon faces economic squeeze over jobs and inflation
Wicker analyzes the Nixon administration's struggle between high unemployment and rising inflation, criticizing the Lockheed bailout and urging broader economic recovery. He notes the impact on black Americans, cites Mondale and Brimmer, and highlights Urban Institute findings on black gains and income gaps.
MENTIONED IN THIS ARTICLE
Tom Wicker
New York Times
Washington
Nixon
Lockheed
Reconstruction Finance Corporation
Walter Mondale
Minnesota
Paul W. McCracken
Council of Economic Advisers
Treasury
John B. Connally Jr
The
Urban Institute
Andrew Brimmer
Federal Reserve Board