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Profit motive and risk shaping American enterprise
AP analysis explains that profits drive growth by attracting capital and talent while acknowledging risks and social criticism. Treasury official Connally cites profits as 1938-era lows relative to GDP, urging stronger risk capital and broader ownership across pension plans and funds to sustain jobs and investment. A second item notes a Nashville poll showing 84.4 percent of Southern Baptist representatives in St Louis were church staff or related workers.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Treasury
John B. Connally
United States
House
Ways and Means
Nashville, Tenn
Southern Baptist Convention
St. Louis