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The condition of the economy
Note by Representative Patman
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action activity additional views adjustment administration administration's program administration's tax aggregate demand agricultural amount areas average balance of payments balance-of-payments deficit basic believe benefit budget deficits capital changes Common Market Congress consumer consumption corporation Council of Economic defense dollar economic growth Economic Report effect eliminate encourage excess capacity expansion exports farm Federal expenditures Federal spending financing fiscal full employment gross national product growth income Hearings important increase individuals industrial inflation inflationary interest rates Joint Economic Committee labor majority measures ment monetary policy money supply multiplier needed output percent period President President's private investment problem proposed purchasing power rate reductions recent recommendations result retraining revenues rise savings Senator Javits skills stimulative Subcommittee surplus tax cut tax program tax rates tax reduction tax reform tax structure taxable income taxation of growth taxpayer technological tion trade Trade Expansion Act unemployed unemployment workers