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Economic forecasts face wartime echoes this season
A Washington observer notes postwar forecasts of downturns lack certainty as unemployment acts and federal oversight bolster stability. Government panels discuss the 1946 Employment Act, the SEC and bank safeguards, with policy aims to balance budgets and sustain full employment amid uncertain cycles.
MENTIONED IN THIS ARTICLE
Washington
President’s Council of Economic Advisors
Congress
Truman
Joint Committee of Congress
Paul H. Douglas
Illinois
Joseph C. O. Mahoney
Wyoming
Committee For Economic ‘Development
Congressional Joint Committee