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This newspaper page contains 2 articles. Subscribers can read the full text of each article.
Newspaper
Myrtle Point Herald
Location
Myrtle Point, Oregon, United States of America
Date
Dec 04, 1947
Page
7
The article argues against pat fixes for rising prices blaming wages foreign aid government policy and inflationary money. It dismisses OPA style price controls as dangerous and predicts prices will reflect true costs in a competitive market, noting uncertainty for the coming year.
The special session shifts focus from foreign aid to curbing inflation at home as European aid plans wane. The piece argues socialist experimentation fuels woes, praises free enterprise, and critiques President Truman’s approach, noting public weariness with economic fallacies and calls for real leadership.
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