Notes
Notes - notes.io |
PRESIDENT CARTER: We've brought down inflation. Earlier this year, the first quarter, we did have a very severe inflation pressure, brought about by the OPEC price increase. It averaged about 18 percent the first quarter of this year. The second quarter, we had dropped it down to about 13 percent. The most recent figures, the last 3 months, or the third quarter of this year, the inflation rate is 7 percent – still too high, but it illustrates very vividly that in addition to providing an enormous number of jobs – 9 million new jobs in the last 3 1/2 years – that the inflationary threat is still urgent on us . . . .
So, our proposals are very sound and very carefully considered to stimulate jobs, to improve the industrial complex of this country, to create tools for American workers, and at the same time would be anti-inflationary in nature. So, to add 9 million new jobs, to control inflation, and to plan for the future with the energy policy now intact as a foundation is our plan for the years ahead.
GOVERNOR REAGAN: Mr. Ellis, I think this idea that has been spawned here in our country, that inflation somehow came upon us like a plague and therefore it's uncontrollable and no one can do anything about it, is entirely spurious, and it's dangerous to say this to the people. When Mr. Carter became President, inflation was 4.8 percent, as you said. It had been cut in two by President Gerald Ford. It is now running at 12.7 percent.
President Carter also has spoken of the new jobs created . . . But that can't hide the fact that there are 8 million men and women out of work in America today, and 2 million of those lost their jobs in just the last few months. Mr. Carter had also promised that he would not use unemployment as a tool to fight against inflation. And yet, his 1980 economic message stated that we would reduce productivity and gross national product and increase unemployment in order to get a handle on inflation, because in January, at the beginning of the year, it was more than 18 percent.
|
|
Notes.io is a web-based application for taking notes. You can take your notes and share with others people. If you like taking long notes, notes.io is designed for you. To date, over 8,000,000,000 notes created and continuing...
With notes.io;
- * You can take a note from anywhere and any device with internet connection.
- * You can share the notes in social platforms (YouTube, Facebook, Twitter, instagram etc.).
- * You can quickly share your contents without website, blog and e-mail.
- * You don't need to create any Account to share a note. As you wish you can use quick, easy and best shortened notes with sms, websites, e-mail, or messaging services (WhatsApp, iMessage, Telegram, Signal).
- * Notes.io has fabulous infrastructure design for a short link and allows you to share the note as an easy and understandable link.
Fast: Notes.io is built for speed and performance. You can take a notes quickly and browse your archive.
Easy: Notes.io doesn’t require installation. Just write and share note!
Short: Notes.io’s url just 8 character. You’ll get shorten link of your note when you want to share. (Ex: notes.io/q )
Free: Notes.io works for 12 years and has been free since the day it was started.
You immediately create your first note and start sharing with the ones you wish. If you want to contact us, you can use the following communication channels;
Email: [email protected]
Twitter: http://twitter.com/notesio
Instagram: http://instagram.com/notes.io
Facebook: http://facebook.com/notesio
Regards;
Notes.io Team
