Real Wage Insurance: Hearings Before the Committee on Ways and Means, House of Representatives, Ninety-sixth Congress, First Session on the President's Anti-inflation Real Wage Insurance Tax Rebate ...

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U.S. Government Printing Office, 1979 - 451 páginas
 

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Página 331 - The views expressed are my own and are not necessarily those of the officers, trustees, or other staff members of the Brookings Institution.
Página 267 - SUCH is the power of interest over almost every mind, that no one is long without arguments to prove any position which is ardently wished to be true, or to justify any measures which are dictated by inclination.
Página 165 - Thank you, Mr. Chairman. Mr. Secretary, it is good, to have you with us.
Página 418 - Inflation is one of the most complex and varied phenomena known to man. True, the great runaway inflations of history have been due to financing Government deficits with printing-press money. But even when this is not done, a country may be exposed to inflationary pressures from other sources, both domestic and foreign. Notwithstanding a balanced budget, it may generate excess demand internally through an overexpansion of credit to the private sector. It may experience a "cost-push" inflation in...
Página 246 - I appear here on behalf of the National Association of Manufacturers as a member of its Board of Directors and Chairman of the Government Operations/Expenditures Committee.
Página 418 - ... sources, both domestic and foreign. Notwithstanding a balanced budget, it may generate excess demand internally through an overexpansion of credit to the private sector. It may experience a "cost-push" inflation in the absence of excess demand. It may suffer temporarily from domestic crop failures of other natural disasters. As for foreignsource inflation, the country may monetize a balance-of-payments surplus.
Página 332 - With that approach, this nation squandered about $200 billion of real production and roughly 5 million worker-years of jobs for every point that it reduced the inflation rate.
Página 269 - ... every mark of propriety. It guards equally against that extreme facility, which would render the constitution too mutable ; and that extreme difficulty, which might perpetuate its discovered faults. It moreover equally enables the general and the state governments to originate the amendment of errors, as they may be pointed out by the experience on one side, or on the other.
Página 3 - Without objection, your full statement will appear in the record as though given at this point.
Página 293 - LUNDINE, A REPRESENTATIVE IN CONGRESS FROM THE STATE OF NEW YORK Mr. LUNDINE. Thank you very much, Mr. Chairman, it is an honor to be before you.

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