Current Price Developments and the Problem of Economic Stabilization: Hearings Before the Joint Committee on the Economic Report, Congress of the United States, Eightieth Congress, First Session, Pursuant to Sec. 5 (A) of Public Law 304, 79th Congress. Pt. 1, ÆÄÆ® 1

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U.S. Print. Office, 1947 - 582ÆäÀÌÁö
Reviews consumer demand, shortages, removal of wartime price regulations, and expansion of the money supply impact on prices and inflation.

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1 ÆäÀÌÁö - Government to use all practicable means consistent with its needs and obligations and other essential considerations of national policy, with the assistance and cooperation of industry, agriculture, labor, and State and local governments, to coordinate and utilize all its plans, functions, and resources for the purpose of creating and maintaining, in a manner calculated to foster and promote free competitive enterprise and the general welfare, conditions under which there will be afforded useful...
2 ÆäÀÌÁö - ... 1 ) the levels of employment, production, and purchasing power obtaining in the United States and such levels needed to carry out the policy declared in section 2; (2) current and foreseeable trends in the levels of employment, production, and purchasing power; (3) a review of the economic program of the Federal Government and a review of economic conditions affecting employment in the United States or any considerable portion thereof during the preceding year and of their effect upon employment,...
2 ÆäÀÌÁö - Each member shall be a person who, as a result of his training, experience, and attainments...
1 ÆäÀÌÁö - Congress hereby declares that it is the continuing policy and responsibility of the Federal Government to use all practicable means consistent with its needs and obligations and other essential considerations of national policy, with the assistance and cooperation of industry, agriculture, labor, and State and local governments, to coordinate and utilize all its plans, functions, and resources for the purpose of creating and maintaining in a manner...
3 ÆäÀÌÁö - Report, to be composed of seven Members of the Senate, to be appointed by the President of the Senate, and seven Members of the House of Representatives, to be appointed by the Speaker of the House of Representatives. The party representation on the joint committee shall as nearly as may be feasible reflect the relative membership of the majority and minority parties in the Senate and House of Representatives.
3 ÆäÀÌÁö - The joint committee shall select a chairman and a vice chairman from among its members. (d) The joint committee, or any duly authorized subcommittee thereof, is authorized to hold such hearings, to sit and act at such places and times, to require, by subpena or otherwise, the attendance of such witnesses and the production of such books, papers, and documents, to administer such oaths, to take such testimony, to procure such printing and binding, and to make such expenditures as it deems advisable.
2 ÆäÀÌÁö - ECONOMIC REPORT OF THE PRESIDENT SEC. 3. (a) The President shall transmit to the Congress within sixty days after the beginning of each regular session (commencing with the year 1947) an economic report (hereinafter called the "Economic Report") setting forth...
2 ÆäÀÌÁö - ... in the light of the policy declared in section 2 for the purpose of determining whether such developments and trends are interfering, or are likely to interfere, with the achievement of such policy, and to compile and submit to the President studies relating to such developments and trends ; (3) to appraise the various programs and activities of the Federal Government...
3 ÆäÀÌÁö - ... empowered to appoint and fix the compensation of such experts, consultants, technicians, and clerical and stenographic assistants, to procure such printing and binding, and to make such expenditures, as it deems necessary and advisable.
3 ÆäÀÌÁö - Act; and (3) as a guide to the several committees of the Congress dealing with legislation relating to the Economic Report, not later than May 1 of each year (beginning with the year 1947) to file a report with the Senate and the House of Representatives containing its findings and recommendations with respect to each of the main recommendations made by the President in the Economic Report...

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