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Nixon's 1971 Economic Package Shocks Global Markets
The article outlines Nixon's 1971 measures including a gold payment halt at $35 per ounce, a 10 percent import surcharge, and tax incentives to spur investment while seeking tax cuts. It describes international reactions, IMF remarks, and domestic labor upheaval as Meany and unions resist the curbs.
MENTIONED IN THIS ARTICLE
Nixon
U.S
Congress
Nixos
Japan
Tokyo Stock Exchange
Canada
118Nation International Monetary Fund
IMF
United States
America
Connally
Hodgson
Afl-Cio
Afl-Cio Executive Council
Meany
Wilbur D. Mills
House
Ways and Means Committee