THE PRESIDENCY: Full Employment

With a big smile and 18 brown wood pens with stub steel nibs (which he passed out to friends), Harry S. Truman signed the Employment Act of 1946. It was only a shadow of the original "full employment" bill, which contained Government assurance of a job to everybody who wanted one. But it might still, with luck, become almost as important as Harry Truman seemed to consider it.

The new law sets up a permanent council of three full-time economic advisers to the President, at salaries of $15,000 a year. Their job is...

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