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LBJ Library Oral Histories
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Ackley, Gardner, 1915-1998
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1974-03-07
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- :
You've got a problem.
Back under Kennedy, you plugged for a cut in
taxes to stimulate the economy.
Now then you are starting to plug
for a tax increase to slow down the economy.
A:
Right.
F:
In both cases you are delayed because of the political
- ; Pierre Renfret; rumors of recession, 1966-1967; Ford strike, 1967; Ackley's resignation and subsequent ambassadorship to Italy; transition to Nixon Administration; Robert McNamara; balance of payments problem; Charles de Gaulle