Document

Monday, February 19, 1973, Radio Speech on the Economy

  • Része ennek White House Staff Member and Office Files (Nixon Administration), President's Personal Files

Átirat elolvasása

Extracted text

OCR Page 1 of 42
in THE PRESIDENT HAS SEEN FINAL February 18, 1973 RADIO SPEECH ON THE ECONOMY Good afternoon. Tomorrow I will send to the Congress the economic section of my State of the Union report. One fact stands out above all others in this report. For the first time in nearly 20 years, we can look forward to genuine prosperity in a time of peace. For most people, talking about "the economy" brings to mind some vast, complicated machine. But today I want to talk about the economy in personal terms, about its impact on you and your family. Basically, the economy affects you in three ways. First, it affects your jobs -- how plentiful they are, how secure they are, how good they are. Second, it affects what you take home from those jobs - - and how much you can buy with your income. Finally, it affects how much you can spend on your own and how much you have to pay back to the Government in taxes. Let's look briefly at each of these elements.