- Page 1: ECONOMIC REPORTOF THE PRESIDENTMM '
- Page 6 and 7: PageANNUAL REPORT OF THE COUNCIL OF
- Page 9 and 10: ECONOMIC REPORT OF THE PRESIDENTTo
- Page 11 and 12: • In 1964 and 1965, tax reduction
- Page 13 and 14: mediate enactment of a 10-percent i
- Page 15 and 16: By comparison, these six budgets—
- Page 17 and 18: Productivity can be raised even mor
- Page 19 and 20: for a review of procedures in this
- Page 21 and 22: Our temporary programs to restrain
- Page 23 and 24: invigorating force of world competi
- Page 25 and 26: ecent years toward our goal of prov
- Page 27 and 28: SOCIAL SECURITYSocial security is o
- Page 29 and 30: hope and help prevent poverty from
- Page 31: THE ANNUAL REPORTOF THECOUNCIL OF E
- Page 35 and 36: CONTENTSCHAPTER 1. STRENGTHENING TH
- Page 37 and 38: PageCHAPTER 4. THE INTERNATIONAL EC
- Page 39 and 40: CHAPTER 1Strengthening the Foundati
- Page 41 and 42: Chart 1Changes in Gross National Pr
- Page 43 and 44: ecovered notably in 1968, although
- Page 45 and 46: As a result of the enactment of thi
- Page 47 and 48: vigor of expansion was not concentr
- Page 49 and 50: of various categories of goods and
- Page 51 and 52: Government enterprise, the Governme
- Page 53 and 54: average first-year wage settlement
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Chart 3Consumer Prices1957-59=10014
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Chart 4U.S. Balance of Internationa
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high yields on U.S. bonds, as well
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the excise taxes on automobiles and
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have been at record levels, but whe
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Wage-Price Policies for 1969If subs
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Chapter 2Policies for Balanced Expa
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Balances of this sort are never sim
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Chart 5Gross National Product, Actu
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However, the reduction of 3.4 perce
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Chart 6Unemployment RatesPERCENT (S
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Even relatively small variations in
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During the postwar period, the auto
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ealignment of our military forces.
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in reviewing the record, he discuss
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The responsibility within the Admin
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to counteract the restraining effec
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tained in the January Budget. Then,
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Defense Indicators. Further efforts
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TABLE 9.—Net funds raised by nonf
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similar to the fiscal drag of the F
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types of financial assets depend up
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economic needs arise. In deciding o
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Chart 8Price Performance and Unempl
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nonfarm economy jumped 6 percent, w
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straints on competition. Better inf
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Information on Job OpportunitiesRap
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ment effects. The benefits of highe
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national target for housing recentl
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Antitrust Laws and PricesWhile anti
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One effect of resale price maintena
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to the public the test data which v
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and 64 percent of intercity ton-mil
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grams where needs or technology are
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straining domestic capacity. They t
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in the late 1950's. A more explicit
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issue of maintaining reasonable pri
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Chapter 4The International EconomyI
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TABLE 13.—Growth of world exports
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have grown only about half as rapid
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International monetary disturbances
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ing the initial 5-year period a cou
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possible improvements in the adjust
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seller, parting with gold out of mo
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willing to accept and hold differen
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faces a balance-of-payments deficit
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countries accepting the full obliga
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had developed an intense interest i
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much greater proportion of their in
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In general, fluctuating exchange ra
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day, with official intervention per
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Chapter 5Combating Poverty in a Pro
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of progress if a large number of fa
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Most poor white families in the Uni
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TABLE 15.—Number of poor househol
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TABLE 16.—Number of near-poor hou
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Chart 11Taxes and Transfer Payments
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Racial DiscriminationThe persistenc
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ability may be assisted by welfare,
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y the poor that also benefit other
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and to $100 for workers with 20 yea
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more, under the present system a fa
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STRATEGIES FOR ATTACKING GHETTO PRO
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to the costs of ghetto retailers. A
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The second special problem stems fr
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To meet the most pressing income ne
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LETTER OF TRANSMITTALTHEPRESIDENT:W
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Report to the PresidentFROM THE CAB
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SUMMARY OF FINDINGSA self-contained
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certain measures to aid people in t
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This is a rapid demobilization—pr
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incomes could be expected to genera
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and localities involve a significan
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TABLE 1.—Illustrative projections
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The peace-and-growth dividend is th
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air and water pollution control, na
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TABLE 3.—Illustrative new program
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consumption or investment above the
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termining, in cooperation with Stat
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Expanding Manpower TrainingSome ind
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LETTER OF TRANSMITTALCOUNCIL OF ECO
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Another significant activity was th
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provide the President with a contin
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CONTENTSNational income or expendit
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Corporate profits and finance: Page
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TABLE B-2.—Gross national product
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TABLE B-3.—Implicit price deflato
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TABLE B-4-.—Gross national produc
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TABLE B-6.—Gross national product
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TABLE B-7.—Gross national product
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TABLE B-9.—Gross national product
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TABLE B-1I.—Gross private domesti
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TABLE B—13/—Relation of gross n
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TABLE B-15.—Disposition of person
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TABLE B-17.—Sources of personal i
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TABLE B-18.—Sources and uses of g
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TABLE B-20.—Number and money inco
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TABLE B-22.—Noninstitutional popu
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TABLE B—23.—Civilian employment
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TABLE B-25.— Unemployment by dura
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TABLE B-27.—Wage and salary worke
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TABLE B—28.—Average joeekly hou
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TABLEB-30.—Averagegross weekly ea
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TABLE B—32.—Average weekly earn
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TABLE B-34.—Indexes of output per
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TABLE B—36.—Industrial producti
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TABLE B-38.—Manufacturing output,
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TABLE B-40,—New construction acti
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TABLE B-41.—New housing starts an
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TABLE B-42.—Sales and inventories
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TABLE B-44.—Manufacturers* new an
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TABLE B-46.—Consumer price indexe
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TABLE B-48.— Wholesale price inde
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TABLE B-49.—Wholesale price index
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MONEY SUPPLY, CREDIT, AND FINANCETA
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TABLE B-52.—Selected liquid asset
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TABLE B-54.—Bond yields and inter
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TABLE B-55.—Short- and intermedia
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TABLE B-57.—Mortgage debt outstan
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TABLE B-59.—Net public and privat
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TABLE B-61.—Federal budget receip
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TABLE B-62.—Relation of the Feder
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TABLE B-64.—Public debt securitie
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TABLE B-66.—Average length and ma
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TABLE B-68.—Receipts and expendit
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CORPORATE PROFITS AND FINANCETABLE
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TABLE B—72.—Relation of profits
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TABLE B—73.—Sources and uses of
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TABLE B-75.—State and municipal a
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TABLE B—77.—Business formation
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Year1929...1930..,1931193219331934.
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TABLE B—81.—Indexes of prices r
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TABLE B-82.—Selected measures of
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INTERNATIONAL STATISTICSTABLE B-84.
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TABLE B—85.—United States merch
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TABLE B-87.—United States oversea
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TABLE B-89.—United States reserve
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TABLE B-91.—Consumer price indexe