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Economic Policy Problems Facing the New Administration
Jacoby, Neil H.
7/4 (Summer 1965): 3-10

The article presents information on the economic policy problems facing the U.S. government. A profound change has occurred in the nature of the problems of the U.S. economic policy. During the twenty years since World War II, the perennial issues of economic policy that have dominated public debate have been problems of fiscal and monetary policy. The great economic issues have been the proper amount of surplus or deficit cut, an excise tax reduction and larger social security benefits will pump new life into the economy. A more liberal monetary policy, with an easing of interest rates and of credit availability, will be put into effect. The great economic issues have been the proper amount of surplus or deficit cut, an excise tax reduction, and larger social security benefits that will pump new life into the economy. A more liberal monetary policy, with an easing of interest rates and of credit availability, will be put into effect. Because most unemployment is found among youths, minority groups, and the uneducated, more and better education and training must be the keystone of any national program of adjustment to technological change. When international contacts and communications exist, there is a better hope of maintaining peace than if they are absent. In a shrinking world, with the membership of the "nuclear club" of nations steadily expanding, the maintenance of peace must be a primary consideration in U.S. policies.

California Management Review

Article Information

California Management Review

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