The Economic Report of the President: Hearings Before the Joint Economic Committee, Congress of the United States U.S. Government Printing Office, 1955 |
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Página 18 - But apart from this contemporary mood, the ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist.
Página 612 - ... education, along with some research programs. So I think a case can be made that an emphasis and major attack should be in the area where we do know what is causing some problems, where we can educate the public. I happen to be a sponsor of Senator Kennedy's bill, and I agree with the broad approach, but I do not think we ought to lose sight of the fact in terms of saving more American lives and bringing down the rate compared to Japan's and some other areas, this is probably the most fertile...
Página 43 - Report") setting forth (1) the levels of employment, production, and purchasing power obtaining in the United States and such levels needed to carry out the policy declared in section 2; (2) current and foreseeable trends in the levels of employment, production, and purchasing power...
Página 49 - CONGRESS OF THE UNITED STATES, JOINT COMMITTEE ON THE ECONOMIC REPORT, Washington, DC The joint committee met, pursuant to adjournment, at 10 : 10 am, in room 362, Old House Office Building, Senator Joseph C.
Página 495 - I would like to insert this statement hi the record, and without objection that will be done. (The statement referred to is as follows :) Revised November 18, 1955. CONGRESS OF THE UNITED STATES JOINT COMMITTEE ON THE ECONOMIC REPORT Senator John Sparkman (Democrat, Alabama), chairman of the Subcommittee on Low-Income Families of the Joint Economic Committee, today released the program and the list of witnesses who will appear at the subcommittee's public hearings. The hearings will be held November...
Página 24 - Administrator who shall be appointed by the President, by and with the advice and consent of the Senate, and who shall be a person of outstanding qualifications known to be familiar and sympathetic with small-business needs and problems. The Administrator shall receive compensation at the rate of $17,500 per annum. The Administrator shall not engage in any other business, vocation, or employment than that of serving as Administrator. The Administrator is authorized to appoint two Deputy Administrators...
Página 367 - If a general statement has to be made in flat unqualified terms, the striking fact is that, by and large, the tax structure appears to have had only a relatively limited and specialized impact both on the basic incentives which motivate the private economy and on the structure of this economy. The effects of the tax structure on the aggregate levels of employment and real income realized over the last ten to fifteen years have been even more limited, as is obvious from the record levels achieved...
Página 18 - Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy...
Página 39 - As the recent increase of stock margin requirements by the Federal Reserve Board has demonstrated, the Government is mindful of its great responsibility to help assure balanced economic growth. It is essential to keep a close watch on financial developments. Continued economic recovery must not be jeopardized by overemphasis of speculative activity.
Página 313 - For the time being, at least, it is also desirable to continue the policy of granting special tax amortization benefits for new defense facilities located in surplus labor areas and of placing government contracts as far as feasible in these areas. It would be well to recognize, however, that these programs can make only a limited contribution to relieving "spot...