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ADDITIONAL VIEWS OF SENATOR JAVITS

I concur with the views of my Republican colleagues on the Con mittee concerning the efforts which have been made thus far by the Administration to combat the problem of inflation and restore stability to the American economy. However, I must express strongly my feeling that there is one area in which not enough effort has been made, and this is the effort to reach full employment. For, by any definition, unemployment remains at unacceptable levels.

I have stressed many times the need for an enlarged and compre hensive manpower program. In this regard, I have urged that we tak the following steps: first, the establishment of a community-based pregram of manpower training and jobs for economically disadvantaged unemployed and underemployed persons, including a proper number of public service jobs; second, a productivity drive designed to double the expected annual rate of productivity increase; third, a special ma power training and employment program for criminal offenders an narcotics addicts taking treatment; fourth, the appropriation of adequate funds for the Neighborhood Youth Corps program; finally fifth, the establishment of a Federal Full Employment Board, made up of representatives of labor, management and manpower experts, whose purpose would be to advise the nation on how to reach the goal of full employment.

Not until we make some strides in these directions do I believe that we can achieve our dual goal of full employment without inflation.

(32)

92d Congress 2d Session

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JOINT COMMITTEE PRINT

PRICE AND WAGE CONTROL: EVALUATION OF A YEAR'S EXPERIENCE

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For sale by the Superintendent of Documents, U.S. Government Printing Office
Washington, D.C. 20402 - Price 30 cents

JOINT ECONOMIC COMMITTEE

(Created pursuant to sec. 5(a) of Public Law 304, 79th Cong.)

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LESLIE J. BANDER GEORGE D. KRUMBHAAR, Jr. (Counsel) WALTER B. LAESSIG (Counsel)

(II)

NOTES

Senator Sparkman states: "Since I was away during the hearings on this matter, I do not feel qualified to approve, disapprove, or comment on it."

Senator Fulbright states: "While other responsibilities have prevented me from participating in the recent hearings and deliberations of the Joint Economic Committee with respect to the Administration's program of Wage and Price Controls, I am in general agreement with the main conclusions reached in this report, particularly those dealing with the failure of the present control program to adequately hold down price increases."

Senator Percy and Congressmen Conable, Brown, and Blackburn state: "It is our feeling that the Majority conclusions bear little relation to the information developed in the Committee's hearings. If these conclusions are intended to be economic, and not political, we do not understand their premature release to the press by the Chairman without adequate notice to the Minority Members of the Committee. We disagree with most of the specific recommendations and criticisms of the Report. We also deplore the increasingly common and unfortunate practice of scheduling many Committee hearings and recommendations on important matters such as this at times when Congress is adjourned and when no consideration has been given to the extent of participation possible by Committee Members. These procedures do not permit adequate consideration of issues by the Committee nor do they result in representative findings or recommendations."

Senator Miller, Senator Pearson and Representative Widnall state that due to the pressure of other responsibilities they were unable to participate in the hearings and deliberations preceding this report, and they therefore reserve judgement on its specific recommendations.

Representative Boggs was missing in Alaska at the time this report was under consideration.

Representative Bolling states: "Due to the pressure of other responsibilities, I could not participate fully in the hearings and, therefore, reserve judgment on the draft report of the Committee on 'Price and Wage Control: Evaluation of a Year's Experience'."

(III)

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