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The President's Reading Copy
TV Statement
March 23, 1972
When I announced our new economic policy on August 15
I said that fighting inflation must be everybody's job.
Yesterday, George Meany walked off the job.
I. The decision to walk out came after the ruling on
the longshoremen's contract.
(I) While other American workers are being held
to a 5.5% wage increase, the Pay Board ruled
against a 20.6% wage increase for the
longshoremen.
I. Mr. Meany supported the increase.
(1) The Pay Board was right.
I. Mr. Meany was wrong.
I respect Mr. Meany as a powerful spokesman for the nation's
largest union organization: the AFL-CIO.
/
I. But only 17% of America's 80 million wage earners
belong to the AFL-CIO.
108
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"ocrText": "The President's Reading Copy\nTV Statement\nMarch 23, 1972\nWhen I announced our new economic policy on August 15\nI said that fighting inflation must be everybody's job.\nYesterday, George Meany walked off the job.\nI. The decision to walk out came after the ruling on\nthe longshoremen's contract.\n(I) While other American workers are being held\nto a 5.5% wage increase, the Pay Board ruled\nagainst a 20.6% wage increase for the\nlongshoremen.\nI. Mr. Meany supported the increase.\n(1) The Pay Board was right.\nI. Mr. Meany was wrong.\nI respect Mr. Meany as a powerful spokesman for the nation's\nlargest union organization: the AFL-CIO.\n/\nI. But only 17% of America's 80 million wage earners\nbelong to the AFL-CIO.\n108"
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