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WHERE OUR NATION STANDS AT HOME AND ABROAD
WHERE OUR NATION STANDS AT HOME AND ABROAD
9
to economy. $30 billion a year, keeping prices down, and maintaining a balanced
What about unemployment? It is low, below 4 percent. But at
the same time the administration cannot forget that unemployment
As Let the us examine what is happening in some related fields.
among youth has reached as high as 18 percent; and of even greater
States year started the median price of homes sold in the United
concern should be the continuing unemployment rate among Negroes.
This was $20,000 according to the Census Bureau.
The Negro jobless rate in August was more than 8 percent. It has
Is in the latest survey report, the median price (1965). was $21,400.
In July, represented an increase of $2,000 in 1 year
been between 7 and 8.2 percent throughout the year. There has been
little or no improvement over last year. With all its poverty schemes,
this the mark of a Great Society?
the Great Society has failed in the quest to help the Negro. In fact,
United Last States year, the number of nonfarm (mortgage) foreclosures
a
Labor Department survey of poverty sections of 100 cities shows
report
shows. totaled 116,664, the Federal Home Loan Bank Board in the
the unemployment rate of Negroes to be 9.4 percent in August.
One observation on economic indicators: Merely because various
running Thus at far a this rate year, equal foreclosures to 222,204 a have year. taken a big jump and are
indexes, such as the cost of living, are cited as warnings about our
future does not indicate anyone is preaching fear.
Is this the mark of a Great Society?
The Record on Johnson Scare Tactics
just since June. pay of $98.46 a week. This was a drop of $1.85 per had week a
take-home In August 1966, the factory worker with three dependents
As political leader of the party in power, Mr. Johnson did some
political stumping in New York, October 12, and accused the Re-
according The "real to spendable the earnings" for workers has been going like
publican Party of scaring people.
Statistics: September 23, 1966, report of the Bureau of Labor this,
Well, let's see: During the 1964 campaign there were nationally
televised Democratic Party political ads, tailored to White House
In In August February 1965, 1965, they "real were spendable down to $87.15. earnings" were $87.63 a week.
specifications and esthetic values, which preached that-
Republicans were in favor of little children eating radioactive
In August 1966, they were down to $86.52.
ice cream cones;
Is this the mark of a Great Society?
Republicans were in favor of "pushing the button" and
blowing up the world;
pension A widow, after or retired teacher, for example, who retired on a $3,000
Republicans were in favor of increasing the bombing in Viet-
fixed income years of work, or anyone else who began receiving
nam, which would lead to blowing up the world; and
of $3,000 in 1940, has been hard hit by inflation.
a
Republicans were in favor of destroying the Social Security
taxes). After taxes, the 1940 income was $2,935 (minus sales taxes and
System-
higher pension, or fixed income, was worth, after Federal taxes $3,000 and
annual By July of 1966, what was supposed to have been a State
to list but a few of the Johnson Democratic "appeals to reason."
Mr. President, as is your wont, you are too modest. We bow to
prices, only $1,195.
you and acknowledge your superiority. When it comes to preaching
fear, you're tops with us.
Statistics The latest Consumer Price Index released by the Bureau
VIII
Here is what on September it 23 showed the cost of living for August of Labor 1966.
showed:
With increasing frequency, the administration seems to be issuing
Since 1960 the cost of living has gone up 10.27 percent.
statements fraught with a desperation to escape the consequences of
its policies. The escape? Blame it on Congress-its own Demo-
Since 1960 the cost of groceries has jumped 13.75 percent.
cratic Congress with a 2-to-1 majority. And if the administration
cent. Since January, living costs in just 7 months have jumped 2.52 per-
can get away with it, Republicans are blamed although at any given
time the administration has twice as many Members of Congress
as does the Republican Party.
If And in the same 7 months, grocery costs have increased 3.95 percent.
Republican Senators have compiled a remarkable record in the
chasing
you power. put $100 away in a shoebox in 1940, you've lost $57 in pur-
face of the overwhelming Democratic majority. They have been
able to obtain approval of amendments to bills in committees, one
"stolen" If you in put purchasing $100 away power. in a shoebox in 1960, $9 of it already has been
recent example being the adoption of 19 Republican amendments to
the higher education and elementary-secondary education bills.
Republican Senators have succeeded, by the force of argument,
years
It now takes $22.42 to buy the groceries you could get for
in obtaining changes in legislation of all types and even in the passage
And ago. the $20 just 6
of some of their own measures although, for the most part, the bills
is worth 43 1933 cents; dollar the 1960 is now dollar, worth 91 only cents. 39.6 cents; the 1940 dollar
that finally passed bear the name of a Democrat as the principal
sponsor.
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"ocrText": "8\nWHERE OUR NATION STANDS AT HOME AND ABROAD\nWHERE OUR NATION STANDS AT HOME AND ABROAD\n9\nto economy. $30 billion a year, keeping prices down, and maintaining a balanced\nWhat about unemployment? It is low, below 4 percent. But at\nthe same time the administration cannot forget that unemployment\nAs Let the us examine what is happening in some related fields.\namong youth has reached as high as 18 percent; and of even greater\nStates year started the median price of homes sold in the United\nconcern should be the continuing unemployment rate among Negroes.\nThis was $20,000 according to the Census Bureau.\nThe Negro jobless rate in August was more than 8 percent. It has\nIs in the latest survey report, the median price (1965). was $21,400.\nIn July, represented an increase of $2,000 in 1 year\nbeen between 7 and 8.2 percent throughout the year. There has been\nlittle or no improvement over last year. With all its poverty schemes,\nthis the mark of a Great Society?\nthe Great Society has failed in the quest to help the Negro. In fact,\nUnited Last States year, the number of nonfarm (mortgage) foreclosures\na\nLabor Department survey of poverty sections of 100 cities shows\nreport\nshows. totaled 116,664, the Federal Home Loan Bank Board in the\nthe unemployment rate of Negroes to be 9.4 percent in August.\nOne observation on economic indicators: Merely because various\nrunning Thus at far a this rate year, equal foreclosures to 222,204 a have year. taken a big jump and are\nindexes, such as the cost of living, are cited as warnings about our\nfuture does not indicate anyone is preaching fear.\nIs this the mark of a Great Society?\nThe Record on Johnson Scare Tactics\njust since June. pay of $98.46 a week. This was a drop of $1.85 per had week a\ntake-home In August 1966, the factory worker with three dependents\nAs political leader of the party in power, Mr. Johnson did some\npolitical stumping in New York, October 12, and accused the Re-\naccording The \"real to spendable the earnings\" for workers has been going like\npublican Party of scaring people.\nStatistics: September 23, 1966, report of the Bureau of Labor this,\nWell, let's see: During the 1964 campaign there were nationally\ntelevised Democratic Party political ads, tailored to White House\nIn In August February 1965, 1965, they \"real were spendable down to $87.15. earnings\" were $87.63 a week.\nspecifications and esthetic values, which preached that-\nRepublicans were in favor of little children eating radioactive\nIn August 1966, they were down to $86.52.\nice cream cones;\nIs this the mark of a Great Society?\nRepublicans were in favor of \"pushing the button\" and\nblowing up the world;\npension A widow, after or retired teacher, for example, who retired on a $3,000\nRepublicans were in favor of increasing the bombing in Viet-\nfixed income years of work, or anyone else who began receiving\nnam, which would lead to blowing up the world; and\nof $3,000 in 1940, has been hard hit by inflation.\na\nRepublicans were in favor of destroying the Social Security\ntaxes). After taxes, the 1940 income was $2,935 (minus sales taxes and\nSystem-\nhigher pension, or fixed income, was worth, after Federal taxes $3,000 and\nannual By July of 1966, what was supposed to have been a State\nto list but a few of the Johnson Democratic \"appeals to reason.\"\nMr. President, as is your wont, you are too modest. We bow to\nprices, only $1,195.\nyou and acknowledge your superiority. When it comes to preaching\nfear, you're tops with us.\nStatistics The latest Consumer Price Index released by the Bureau\nVIII\nHere is what on September it 23 showed the cost of living for August of Labor 1966.\nshowed:\nWith increasing frequency, the administration seems to be issuing\nSince 1960 the cost of living has gone up 10.27 percent.\nstatements fraught with a desperation to escape the consequences of\nits policies. The escape? Blame it on Congress-its own Demo-\nSince 1960 the cost of groceries has jumped 13.75 percent.\ncratic Congress with a 2-to-1 majority. And if the administration\ncent. Since January, living costs in just 7 months have jumped 2.52 per-\ncan get away with it, Republicans are blamed although at any given\ntime the administration has twice as many Members of Congress\nas does the Republican Party.\nIf And in the same 7 months, grocery costs have increased 3.95 percent.\nRepublican Senators have compiled a remarkable record in the\nchasing\nyou power. put $100 away in a shoebox in 1940, you've lost $57 in pur-\nface of the overwhelming Democratic majority. They have been\nable to obtain approval of amendments to bills in committees, one\n\"stolen\" If you in put purchasing $100 away power. in a shoebox in 1960, $9 of it already has been\nrecent example being the adoption of 19 Republican amendments to\nthe higher education and elementary-secondary education bills.\nRepublican Senators have succeeded, by the force of argument,\nyears\nIt now takes $22.42 to buy the groceries you could get for\nin obtaining changes in legislation of all types and even in the passage\nAnd ago. the $20 just 6\nof some of their own measures although, for the most part, the bills\nis worth 43 1933 cents; dollar the 1960 is now dollar, worth 91 only cents. 39.6 cents; the 1940 dollar\nthat finally passed bear the name of a Democrat as the principal\nsponsor."
}