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It treats the focus on wages, prices, and profits as the wrong diagnosis of inflation.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"How does the speech view wage and price guidelines or controls?",{"text":68,"@type":64},"It presents wage and price guidelines as an option being considered, along with imposed controls, and rejects these approaches as ineffective solutions to the underlying problem.",{"name":70,"@type":61,"acceptedAnswer":71},"What is the “era of limits” position the speech challenges?",{"text":72,"@type":64},"The speech challenges the pessimistic claim that the world has run out of resources and that America must accept permanent limits, insisting instead that incentives and ingenuity can address economic 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NO.35  \n\n| AUG.31  \u003Cbr>The Honorable  \u003Cbr>ALAN D.  \u003Cbr>CRANSTON  \u003Cbr>United States Senator  \u003Cbr>California  \u003Cbr>\"SALTⅡ...and  \u003Cbr>BEYOND”   | As majority whip,Senator Alan Cranston is  \u003Cbr>renowned for his ability to track and project  \u003Cbr>how his colleagues will vote on crucial  \u003Cbr>issues.As SALTII reaches the voting  \u003Cbr>stages,Cranston's abilities to both keepa tab  \u003Cbr>on the count and help sway fellow  \u003Cbr>Democrats will be crucial in the final tally.  \u003Cbr>Cranston considers the treaty to be of  \u003Cbr>worldwide significance and the most  \u003Cbr>important issue he will face as a U.S.  \u003Cbr>Senator.For over a year he has held weekly  \u003Cbr>meetings to brief Democrat and Republican  \u003Cbr>in the Senate on the treaty as a positive step  \u003Cbr>towards ratification.  \u003Cbr>Tickets-8 at the door.Noon  \u003Cbr>Gold Ballroom,Sheraton Palace  \u003Cbr>Hotel  \u003Cbr>Shirley C.Yawitz  \u003Cbr>Quarterly Chairman   | There is so much pessimism today in  \u003Cbr>public policy making areas of our country,  \u003Cbr>not the least of which was expressed by  \u003Cbr>James Schlesinger's speech yesterday in  \u003Cbr>Washington.He suggested that the era of  \u003Cbr>limits is here;that we are totally dependent  \u003Cbr>upon OPEC;and that there is no way out of  \u003Cbr>it short of energy autarky.You can hear it  \u003Cbr>from various forums across the country.  \u003Cbr>The President blames the malaise on the  \u003Cbr>American people.He suggests it is the loss  \u003Cbr>of spirit in the American people that is caus-  \u003Cbr>ing the decline in the economy.  \u003Cbr>I want to suggest that our economic prob-  \u003Cbr>lems are due to the decline of economic  \u003Cbr>growth and the inability of our private en-  \u003Cbr>terprise system to create jobs,and the in-  \u003Cbr>ability of our democratic capitalistic system  \u003Cbr>to produce our way of the shortages of  \u003Cbr>energy,or at least to engage in the type of  \u003Cbr>commerce with other nations,particularly in  \u003Cbr>our own hemisphere,that can produce our  \u003Cbr>way out of inflation,recession and energy  \u003Cbr>shortages.  \u003Cbr>A friend of mine recently heard a speech  \u003Cbr>given by Barry Bosworth,director of the  \u003Cbr>Council of Economic Advisors,and thought  \u003Cbr>he was terrific.I told him that I had heard  \u003Cbr>Barry Bosworth speak before and I thought  \u003Cbr>his message was rather pessimistic.My  \u003Cbr>friend thought he was a good speaker  \u003Cbr>because,\"he tells it like it is.\"It is so vital to-  \u003Cbr>day to have political leadership in the ad-  \u003Cbr>ministration telling it like it is.So,I said,  \u003Cbr>\"Bill,how is it?\"He said,\"Bad—real bad.\"  \u003Cbr>Bosworth presented three choices.We can  \u003Cbr>either comply with wage and price  \u003Cbr>guidelines,or we can have imposed wage  \u003Cbr>and price controls;or we can have a depres-  \u003Cbr>sion in 1981 or 1982.I think it is outrageous   |\n| --- | --- | --- |\n|  | Kemp Outlines  \u003Cbr>Strategy for the  \u003Cbr>1980s  \u003Cbr>FRIDAY FLASHES—August 17,  \u003Cbr>1979  \u003Cbr>From address by The Honorable  \u003Cbr>Jack Kemp,Representative,38th  \u003Cbr>District,New York,U.S.House of  \u003Cbr>Representatives.   |  |\n\nINSIDE:282“Southeast Asia Refugee Problem,”is thetopic of remarks to be presented to the Club September 7by The Honorable George Miller,representative,Califor-nia Seventh District.Representative Miller will commenton his recent visit to Vietnam.283 U.S.RepresentativeKemp calls for renewed incentives for economic growth asa prescription for the ailing economy.283 Carol TuckerForeman,assistant secretary of agriculture for food andconsumer services to address Club's Section onAgriculture,August 28.281  \nto even suggest that America has somehowreached a point at which it must give up.  \n# Who Is to Blame?\n\nThere are some businessmen who saythat it is the unions who are at fault.Somepeople in the labor movement say it is thebusiness community who is to blame.For-tune magazine this week suggests that infla-tion is excerbating the problems of theAmerican corporate community becausejust at a time when business needs moreprofits and higher prices,inflation is causingthe adminis","cbCait4eV9hW8uZR","https://ap.wps.com/l/cbCait4eV9hW8uZR","pdf",1417549,"English","# Who Is to Blame?\n## Arguments about inflation causes\n## Critique of wage and price guidelines\n## Opposition to the “era of limits” view","[{\"question\":\"What does the speech say is responsible for inflation and recession?\",\"answer\":\"It argues that workers, businesses, energy producers, and consumers are not the causes. It treats the focus on wages, prices, and profits as the wrong diagnosis of inflation.\"},{\"question\":\"How does the speech view wage and price guidelines or controls?\",\"answer\":\"It presents wage and price guidelines as an option being considered, along with imposed controls, and rejects these approaches as ineffective solutions to the underlying problem.\"},{\"question\":\"What is the “era of limits” position the speech challenges?\",\"answer\":\"The speech challenges the pessimistic claim that the world has run out of resources and that America must accept permanent limits, insisting instead that incentives and ingenuity can address economic challenges.\"}]","Who Is to Blame? | PDF",1789959229,13]