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Price*. We shall strive to redress the injury done to the American people — especially to white-collar workers and fixed-income families —by the weakening amendments which the Republicans in Congress have forced into our anti-inflation laws.
We pledge continuance of workable controls^ so long as the emergency requires them. We pledge fair and impartial enforcement of controls and their, removal as quickly as economic conditions allow.
Rent*. We strongly urge con' tinued Federal rent controls in critical defense areas and in the jnany other localities still suffering from a substantial shortage of ade_ quate housing at reasonable prices.
Full Employment.The Democratic Administration prudently passed the Employment Act of 1946, declaring it to be a national policy never again to permit large-scale unemployment to stalk the land. We will assure the transition from defense production to peace-time production without the ravages of unemployment. We pledge ourselves at all times to the maintenance of maximum employment, production and purchasing pdwer in the American economy.
Integrity In Government Finances. We solemnly pledge the preservation of the financial strength of the Government. We have demonstrated our ability to maintain and enhance the Nation's financial strength. In the six full fiscal years since V-J Day, our fiscal policy has produced a $4 billion budget surplus. We have reduced the public debt $17 billion from the post war peak.
We have demonstrated our ability to make fiscal policy contribute in a positive way to economic growth and the -maintenance of high-level employment. The policies which have been followed have given us the greatest prosperity in Our history. Sustained economic expansion has provided the funds necessary to finance our defense and has still left our people with record high consumer incomes and business with a record volume of investment. Employment and personal incomes are at record levels. Never have Americans enjoyed a higher standard of living and saved more for contingencies and old a?e!
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