At his first presidential press con ference last week, Richard Nixon placed the nation's economic problems on his list of matters that "require urgent attention." Promising "some fine tuning of our fiscal and monetary affairs to control inflation," the President expressed considerable concern over the rate at which prices are rising. "We believe it is possible to control inflation without in creasing unemployment in any substantial way," said Nixon. But he warned:
"Unless we do control inflation, we will be confronted eventually with massive unemployment, because the history of economic affairs in this and other countries indicates that if inflation...
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