Word: saulniers
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...brings home dramatically how much power for a police state resides in Washington." Declared his Chicago colleague, Yale Brozen: "Kennedy's action was the greatest display of dictatorial white-fatherness one could imagine. Who is this or any Administration to say what prices should be?" Said Dr. Raymond Saulnier, chairman of the Council of Economic Advisers under President Eisenhower: "I think his action will go down in the books as the outstanding example of Government interference in a business decision in our history...
...stressing that "economic activity continues high," took note of the downturn without referring to it as a recession. It emphasized the economy's progress rather than its halts. Nonetheless, the minus signs loomed large in new economic figures that were not available when the report was prepared. Raymond Saulnier, outgoing chief of the President's Council of Economic Advisers and the report's chief architect, admitted that things may be worse than they seemed when the report was written...
Despite the economy's strength, said Economist Saulnier, "the November and December figures were bad. No mistake about it. I had hoped that this cyclical movement would be one in which growth would be resumed without any considerable change in a downward direction. I would concede that the declines in November and December may perhaps go a little bit beyond that...
...Economist's view raised the ire of Raymond Saulnier, chief economic adviser to the President, who wondered whether any "Government economists" feel as the Economist reported. He, for one, sees no recession in the near future. Said Saulnier: "Bear in mind that the U.S. economy is operating at a very high level, whether measured by employment, by production or by the aggregate of income payments. Furthermore, there are strong forces at work that favor further advances : the greater availability and lower cost of credit, high and rising incomes, a high level of retail sales, and-by no means...
...never very comfortable having recourse to weather as an explanation" said Raymond Saulnier, chief of the President's Council of Economic Advisers. "So I had our men run a comparison of the winter with previous winters. The results showed that March weather was 'stinking.' It had a significant impact...