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The clipping this text was read from
The clipping this text was read from

there is no magical way to have high employment and low inflation,” his campaign literature reads.

“It is sheer deception,” he has said, to promise tax cuts, increased defense spending, and sustained programs and budget restraint at the same time.

Carter calls for revitalizing industry by providing incentives for private investment.

And he stresses the need to create new jobs, particularly in the private sector:

“The fundamental challenge to our economy in the 1980’s is to create full employment, stable prices, and real growth, with jobs that attack our declining productivity and energy dependence—the major causes of inflation...and recession.”

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