Word: thinks
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Dates: during 1960-1969
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NATHAN: I think that a meaningful turndown in the consumer price index is not going to be visible for another six months or eight months. We have built in a set of developments that we are not going to get rid of very easily. Almost every Government regulatory commission is literally inundated. They are almost impossibly burdened with handling the consequences of the very substantial rise in interest rates and other costs. This is just one manifestation of the pervasive nature of inflation...
SPRINKEL: There has not been, nor do I think there should be any attempt to interfere directly in individual price or wage decisions. Such efforts do not work. They have not worked in this country, and they have not worked abroad...
SPRINKEL: They did for a while. I think everyone agrees that in the face of overly expansive economic policies, no set of guideposts will work very long...
...unemployment rate do not have any visible effect on social unrest. Unrest has been at its peak when unemployment was low. As long as the Administration can show progress toward price stability, and as long as it can keep us out of a recession, I don't think that the voters will have anything to complain about...
ECKSTEIN: We are really sitting on a time bomb. The private economy would like to get going, and we had better look out that we don't turn it loose too fully or too quickly. If things go badly, and the Administration has to think about antirecession programs, the sensible thing would be to accelerate carefully thought-out proposals-such as the family-assistance program and revenue sharing-rather than rushing into a collection of usually unsuccessful, temporary antirecession measures, such as public works...