Packet of materials on economic policy speech - The Issue of the Present Economic Situation, July 19, 1974

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Title: The Issue of the Present Economic Situation, July 19, 1974
Identifier: camh-dob-001220
Description: A draft statement with handwritten notes and edits in which Jack Brooks addresses the economic situation of inflation in the United States in 1974. Brooks analyzes past unsuccessful policies and recent economic statistics released by the Department of Labor. He acknowledges the connections between slowing economic activity, the "depressing effects of energy shortages," and unemployment, and how those factors, combined with continuing inflation, could cause "another period of stagflation." He states that it is up to the government to make progress towards curbing inflation, and he criticizes the Nixon Administration's policy errors for the economic difficulties that the country faces. Brooks proposes possible steps towards correcting the economy.
Creator: Brooks, Jack, 1922-2012
Date: 1974-07-19
Date Created: 1974-07-19
Resource: Jack B. Brooks papers
Subject Name: Nixon, Richard M. Richard Milhous, 1913-1994
Subject Topic: Economic policy
Physical Genre: Speeches (documents)
Extent: 8 pages
Box: 2007-255/300
Folder: 252.11
Collection Strength: Congressional and Political History
Project: Jack Brooks digital legacy project
Project Theme: Politics and Elections