Ask the Scholar
Page 61 of 142
I can add historical knowledge about this page.
Page image
OCR
CONFIDENTIAL
SU - 11th Draft
1/22/71
- 5 -
It will be a full employment budget, a budget designed to be
in balance if the economy were operating at its peak potential. By
spending as if we were at full employment, we will help to bring
about full employment.
I ask the Congress to accept these expansionary policies -- to
accept the concept of the full employment budget.
At the same time, I ask the Congress to cooperate in resisting
expenditures that go beyond the limits of the full employment budget.
For as we wage a campaign to bring about a widely shared prosperity,
we must not re-ignite the fires of inflation and so undermine that
prosperity.
With the stimulus and the discipline of a full employment budget;
with the commitment of the independent Federal Reserve System to
provide fully for the monetary needs of a growing economy; and with
a much greater effort by labor and management to make their wage
and price decisions in the light of the national interest and their own
long-run best interests -- then for the worker, the farmer, the
consumer, and for Americans everywhere we shall gain the goal of
a new prosperity: more jobs, more income and more profits, without
inflation and without war.
This is a great goal, and one that we can achieve together.
CONFIDENTIAL
Page data
- Page
- 61
- Source index
- 0
- Type
- photo
- Media ID
- 9ff130861036ef74
- Size
- unknown
Document data
- ID
- 567815313
- Core
- doc
- Type
- document
DTO data
{
"id": "567815313",
"sourceUrl": "https://catalog.archives.gov/id/567815313",
"contentType": "document",
"title": "January 22, 1971, State of the Union II [4 of 4]",
"citationUrl": "https://catalog.archives.gov/id/567815313",
"collections": [
"White House Staff Member and Office Files (Nixon Administration)",
"President's Personal Files"
],
"iiifBase": "https://s3.dualstack.us-east-1.amazonaws.com/NARAprodstorage/lz/presidential-libraries/nixon/rn-smof/595291/Batch0004/064/37-sf-smof-ppf-595291-064-04/37-sf-smof-ppf-595291-064-04-001.jpg",
"thumbnailUrl": "https://s3.dualstack.us-east-1.amazonaws.com/NARAprodstorage/lz/presidential-libraries/nixon/rn-smof/595291/Batch0004/064/37-sf-smof-ppf-595291-064-04/37-sf-smof-ppf-595291-064-04-001.jpg",
"largeImageUrl": "https://s3.dualstack.us-east-1.amazonaws.com/NARAprodstorage/lz/presidential-libraries/nixon/rn-smof/595291/Batch0004/064/37-sf-smof-ppf-595291-064-04/37-sf-smof-ppf-595291-064-04-001.jpg",
"imageCount": 142,
"hasImages": true,
"source": "import",
"hasTranscription": false
}
Context sent to Scholar
Document identity
{
"localId": "567815313",
"label": "January 22, 1971, State of the Union II [4 of 4]",
"core": "doc",
"dtoType": "document",
"citationUrl": "https://catalog.archives.gov/id/567815313"
}
Document source metadata
{
"id": "567815313",
"sourceUrl": "https://catalog.archives.gov/id/567815313",
"contentType": "document",
"title": "January 22, 1971, State of the Union II [4 of 4]",
"citationUrl": "https://catalog.archives.gov/id/567815313",
"collections": [
"White House Staff Member and Office Files (Nixon Administration)",
"President's Personal Files"
],
"iiifBase": "https://s3.dualstack.us-east-1.amazonaws.com/NARAprodstorage/lz/presidential-libraries/nixon/rn-smof/595291/Batch0004/064/37-sf-smof-ppf-595291-064-04/37-sf-smof-ppf-595291-064-04-001.jpg",
"thumbnailUrl": "https://s3.dualstack.us-east-1.amazonaws.com/NARAprodstorage/lz/presidential-libraries/nixon/rn-smof/595291/Batch0004/064/37-sf-smof-ppf-595291-064-04/37-sf-smof-ppf-595291-064-04-001.jpg",
"largeImageUrl": "https://s3.dualstack.us-east-1.amazonaws.com/NARAprodstorage/lz/presidential-libraries/nixon/rn-smof/595291/Batch0004/064/37-sf-smof-ppf-595291-064-04/37-sf-smof-ppf-595291-064-04-001.jpg",
"imageCount": 142,
"hasImages": true,
"source": "import",
"hasTranscription": false
}
Document source extras
{
"url": "https://catalog.archives.gov/id/567815313",
"naId": 567815313,
"levelOfDescription": "fileUnit",
"recordType": "description",
"ocrSource": "nara-archive"
}
Page context
{
"seq": 61,
"pageIndex": 0,
"type": "photo",
"url": "https://s3.dualstack.us-east-1.amazonaws.com/NARAprodstorage/lz/presidential-libraries/nixon/rn-smof/595291/Batch0004/064/37-sf-smof-ppf-595291-064-04/37-sf-smof-ppf-595291-064-04-061.jpg",
"mediaId": "9ff130861036ef74",
"ocrText": "CONFIDENTIAL\nSU - 11th Draft\n1/22/71\n- 5 -\nIt will be a full employment budget, a budget designed to be\nin balance if the economy were operating at its peak potential. By\nspending as if we were at full employment, we will help to bring\nabout full employment.\nI ask the Congress to accept these expansionary policies -- to\naccept the concept of the full employment budget.\nAt the same time, I ask the Congress to cooperate in resisting\nexpenditures that go beyond the limits of the full employment budget.\nFor as we wage a campaign to bring about a widely shared prosperity,\nwe must not re-ignite the fires of inflation and so undermine that\nprosperity.\nWith the stimulus and the discipline of a full employment budget;\nwith the commitment of the independent Federal Reserve System to\nprovide fully for the monetary needs of a growing economy; and with\na much greater effort by labor and management to make their wage\nand price decisions in the light of the national interest and their own\nlong-run best interests -- then for the worker, the farmer, the\nconsumer, and for Americans everywhere we shall gain the goal of\na new prosperity: more jobs, more income and more profits, without\ninflation and without war.\nThis is a great goal, and one that we can achieve together.\nCONFIDENTIAL"
}