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December 4, 1970, NAM National Association of Manufacturers Speech [2 of 2]

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DETERMINED TO BE AN ADMINISTRATIVE MARKING R u Woods E.O. 12065, Section 6-102 By MH NARS, Date 8/28/81 CONFIDENTIAL 7th Draft: NAM SPEECH I would like to take this occasion to report to the nation on this Administration's economic strategy - - what we found when we took office, what we did about it, what the results of our moves were, and what we are doing now. When we came into office 22 months ago, this was the situation: -- 532, 000 Americans were fighting in Vietnam, with no diplo- matic or military plan to bring them home, and no economic plan to provide civilian futures for them when they did get home; -- prices were rising, interest rates were rising, and monetary and budget policies had produced a serious inflationary crisis. The challenge was clear: Never before had this nation been able to end a war without severe economic hardship and never before had

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