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Definition of Full Employment Remains Ambiguous in 1972
Washington analysts discuss the elusive goal of full employment under Nixon. Officials debate whether 4 percent unemployment is realistic by mid 1972 and how the so-called full employment budget could balance despite large projected deficits.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Paul W. McCracken
President’s Council of Economic Advisers
Dwight D. Eisenhower
Eisenhower
Richard M. Nixon
John F. Kennedy
Kennedy
Walter W. Heller