The Economy
Sir: Isn't it ironic that Phase II now requires the placing of controls and policing of an entire economy by a Republican Administration, traditionally committed to free enterprise.
Nixon many times pointed out that wage and price controls do not work. Now, presumably for political expediency, he is faced with the task of seeking vainly, like King Canute, to beat back the waves of inflation by a mixture of useless and impossibly confusing measures.
HENRY SCHINDALL
Pompano Beach, Fla.
Sir: It is exciting to see the direction given to the U.S. by the...
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