Nation: War on Inflation: Stage II

Carter proclaims his new plansÈó‚鼂ǥand starts an uphill fight

That flicker of a grin, so often at odds with the import of his words, had disappeared. That Southern lilt, so often muffling the ends of sentences, was almost gone. As President Carter appeared on prime-time television last week to proclaim and explain the long-awaited Stage II of his campaign to slow the inflation that has reached an annual rate of 10%, his manner and delivery befitted the solemnity of his subject. Seated at his Oval Office desk and reading from a prompter, the President...

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