Wins and Losses at Ford's Summit
To the Editors:
Most of the speakers at the recent economic summit seemed to be at the wrong meeting. Rather than participating in a war against inflation, they sounded like conscientious objectors seeking a pardon from the battle. The various groups seemed more concerned about protecting themselves against the effects of inflation. Those few who did recognize the need for belt tightening generally advocated tightening the other fellow's belt.
Yet the summit will make a difference. It showed that inflation, though the nation's primary economic concern, is not the...