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OCR Page 1 of 62The President's Reading Copy
HIGH PRICES SPEECH
October 17, 1969
good after
Today I would like to share my thoughts with you about a problem that
worries millions of Americans -- high prices that keep getting higher.
1. All across this land, hard working men and women
look at paychecks that say they've had a raise.
(1) But they wonder why those bigger checks just don't
buy any more than their lower paychecks bought four
years ago.
2. All across this land, men and women in their retirement,
who depend on insurance and on Social Security and on their
life savings, look at their monthly checks and wonder why
they just can't seem to make ends meet any more.
3. And all across this land, housewives wonder why they have
to pay 66 cents a pound -- and in some areas much more --
for hamburger that cost 53 cents four years ago; people
who are ill want to know why in those four years the cost of
one day in a hospital has gone from $27 to $48; children who
pay a nickle for a candy bar want to know why that bar is only
half as big as it used to be.
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