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The Needed TurnAbout
Taxes should not have been raised circa 19661967
The shallow attacks upon the GNPgrowth concept
6 other sections not shown
1966-third quarter 2.6 percent Annual Average annual growth rate average annual deficiency average annual growth average annual increase average annual rate billion dollars chart civilian labor force constant dollars consumer prices developed economic and social economic growth rate economic performance EXCESS INTEREST COSTS expenditures Federal Budget Federal deficit Federal Reserve Federal Reserve Board Federal Reserve System Federal spending full employment full resource full-time equivalent full-time unemployment goals growth and full housing incomes policy increase in consumer industrial prices investment in plant measured in 1969 national economic policies needs nomic optimum economic growth period Personal Consumption Expenditures plant and equipment policies and programs poverty prevalent monetary policy price increases price inflation price stability private investment productivity gains profits public outlays rate of real real economic growth real terms recession reduced rising interest rates sectors third quarter 1970 tight money total national production ultimate demand urban renewal Wages and Salaries