FOREIGN IMPORTS— DII.EMMA No. 3 Voters are demanding a reduc tion m our aid to Europe and | Japan Our new President knows i that this can be done only by lowering tariffs and admitting i more foreign goods into our mar ! kets. But he also knows that such a program would make the U. S. ! business interests w ho elected i him very angry. Such a move might also cause unemployment here at home, which would be ' welcomed by the Democrats. ! Hence, this third Dilemma. Com : petition during 1953 w ill be ! severe, even among U. S. manu 1 facturers. without being handi capped by greater imports. BALANCING THE BUDGET— DILEMMA No. 4 Our new President will operate a more honest and economical Federal Government. There will be less money spent by all depart ments. including the the military. More eflicient operations may be expected. But this deflationary : program may cause unemploy ment and lower profits. As most Federal income is derived from taxing profits, this would mean lower tax receipts. This is a Dilemma which Eisenhower must !face in 1953.
67.1%Tuesday, January 27, 1953 — The Farmville herald and farmer-leader · Page 4
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“FOREIGN IMPORTS—.” Farmville Herald, January 1953.
“FOREIGN IMPORTS—.” Farmville Herald, Jan 1953.
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