Key Policies for Full Employment: Expand Consumption: Lift Wages, Enlarge Public Programs, Reduce Taxes

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Conference on Economic Progress, 1962 - Full employment policies - 73 pages
 

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Page 27 - Ultimate Demand: Total Private Consumption Expenditures Plus Total Public Outlays ( Federal , State and Local) for Goods and Services I ! ll Oft '61lil Otr '62 Average Annual Rates of Change.
Page 30 - Iron and Steel Petroleum and Coal Products Chemicals and Allied Products Electrical Machinery Non-Electrical Machinery -J Bureau of Labor Statistics , (US Dept of Labor), Commodity WtnMMle Prici Indexee.
Page 11 - In deriving these percentages, the Civilian Labor Force is estimated as the officially reported Civilian Labor Force augmented by concealed unemployment.
Page 58 - ... you might say, for our products, and in owing us for our products they then owe us dollar balances and the balance of payments becomes favorable for us. We must have an increased favorable balance of trade in order to meet our present commitments abroad. Currently we export more than we import. But we do not export enough more than we import to cover our commitments in the areas of military assistance and our other assistance programs and our capital outflow for private foreign investment. Therefore...
Page 47 - AGAIN 1961-196! 4.1% 3.8% 2.6% 3.9% 2.2% 1947-1953 1950-1955 1953-1960 1955-1961 1961-1962 Period of Period of Period of Period of (est.) Reasonably Moderate Relatively Large Still Larger Period Affected Full Economic Economic Economic By Economic Employment Slack Slack Slack Upturn Note: Based on US Deportment of Labor estimates relating to man-hours worked, based on labor force data...
Page 11 - ... million man-years of unemployment (true level) would have been consistent with maximum employment. ^/Estimated as the difference between the officially reported civilian labor force and its likely size under conditions of maximum employment.
Page 71 - PUBLIC ASSISTANCE LABOR AND MANPOWER, AND OTHER WELFARE SERVICES HOUSING AND COMMUNITY DEVELOPMENT ALL DOMESTIC PROGRAMS AND SERVICES (Includes also Agriculture; Natural Resources; Veterans; Commerce; Interest; General Government, etc.) % of Total Per Year Output Capita 1962...
Page 14 - Billion Too Low .THESE HAVE LED TO LARGE LOSSES TO ALL ECONOMIC GROUPS AVERAGE FAMILY INCOME (Maltiplt Parian Familial $5.750 Too Low FARM OPERATORS...
Page 45 - CHART 7 RATES OF CHANGE PER EMPLOYEE- HOUR IN NONFARM OUTPUT AND WAGES AND SALARIES, 1947-1962^ Annual Average Rates of Change. Measured in Uniform Dollars...
Page 35 - Annual Average PORTION OF THESE FUNDS USED FOR PLANT AND EQUIPMENT HAS GROWN 71.3...

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