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Great Society fades into austere New Era
AP reports President Johnson signals a shift from the Great Society to austerity. He urges a national program of fiscal restraint at a National Farmers Union speech in Minneapolis, predicting higher taxes, reduced spending, higher interest rates, and tighter overseas spending, with Britain and Australia cited as contrasted examples.
MENTIONED IN THIS ARTICLE
New York
Great Society
Johnson
National Farmers Union
Minneapolis
Guns and Butter Society
United States
Federal Reserve Banks
U.S
Britain