my choice is : (a ),,,,,,,,,,,,,,,,,,,,,>> 165. Message to the Special Session of the 80th Congress
July 27, 1948
[ As delivered in person before a joint session ]
Mr. President, Mr. Speaker, and Members of the 80th Congress:
The urgent needs of the American people require our presence here today.
Our people demand legislative action by their Government to do two things: first, to check inflation and the rising cost of living, and second, to help in meeting the acute housing shortage.
These are matters which affect every American family. They also affect the entire world, for world peace depends upon the strength of our economy.
The Communists, both here and abroad, are counting on our present prosperity turning into a depression. They do not believe that we can--or will--put the brake on high prices. They are counting on economic collapse in this country.
If we should bring on another great depression in the United States by failing to control high prices, the world's hope for lasting peace would vanish. A depression in the United States would cut the ground from under the free nations of Europe. Economic collapse in this country would prevent the recovery throughout the world which is essential to lasting peace. We would have only ourselves to blame for the tragedy that would follow.
In these tense days, when our strength is being taxed all over the world, it would be reckless folly if we failed to act against inflation.
High prices are not taking "time off" for the election.
High prices are not waiting until the next session of Congress.
High prices are getting worse. They are getting worse every day.
We cannot afford to wait for the next Congress to act.
The 81st Congress will not get under way for nearly 6 months. Before the new Congress could take action against high prices, it would have to draft new bills, study them, hold hearings, debate and decide whether to pass them. It would be at least 8 months from now before the new Congress could pass the laws we need.
Eight months more of inflation would be much too long.
It was 8 months ago--November 1947--that I called a special session of this Congress, and recommended a comprehensive anti-inflation program. But that program was not enacted. If it had been enacted, we would have lower prices today.
Since last November, prices have gone even higher. As every housewife knows, food prices rose rapidly throughout 1947. They are climbing even faster now. Month after month, the cost of clothing, fuel, and rent keeps on going up.
The cost of living is now higher than ever before in our history.
There are not many very rich men in the Congress of the United States. You all-most of you--have to live on your salaries. All you need do is just go home and ask your wife how living costs are now, as compared to what they were January 1st, 1947.
We cannot risk the danger, or suffer the hardship, of another 8 months of doing nothing about high prices.
Prices are already so high that last year more than one-fourth of the families of this country were forced to spend more than they earned. Families of low or moderate income are being priced out of the market for many of the necessities of life. They are not able to buy as much as they could buy 2 years ago, and they are paying a lot more for what they can buy.
2007-02-04 01:02:28
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answer #2
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answered by nra_man58 3
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