Amidst the usual glitter, most of Detroit's 1969 model cars have already been unveiled. Now the price tags are coming along. The first to present its new cars, Chrysler Corp., last week was also the first to present the bill that goes with them. In its fourth hike in three years, the company announced that, on the average, its 1969 cars will cost $89 more.
The White House's Arthur Okun promptly called the increase "manifestly excessive" and "a severe setback to the cause of price stability." He said: "We urgently request the...
To continue reading:
or
Log-In
