POLICY: Seeking New Solutions

After months of punishing inflation and sputtering production, public confidence in the Nixon Administration's management of the economy is fast running out. Last week, in a flurry of activity at San Clemente, the President sought to restore credibility to his programs. He held a well-publicized round of meetings with his top economic aides, Adviser Kenneth Rush, Budget Director Roy Ash and Herbert Stein, chairman of the Council of Economic Advisers —in what amounted to an economic summit meeting. This week the President was expected to make a major nationwide speech on the economy.

New Leaders. In addition, it seemed all...

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