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levels of national income Em ployment in December reached 10 1 million only 2 percent under the same month a year ago Mining and transportation and public utilities declined in the second half of the year...five consecutive months from the 1949 low of 53 80 in April to 55 72 in September the second highest month on record The subsequent decline in the workweek as a result of the steel strike and seasonal downturn...decline in the former brought earnings down to 56 85 in November the lowest month in 1949 and more than 2 below the comparable month in 1948 Part of the drop is accounted for by exclusion from the averages...

rapid decline in inflation As inflation has de clined to only about a third of what it was when Ronald Reagan took office government has been justly denied the revenues de rived from inflation pushing taxpayers...argue that we should use inflation to bal ance our budget as I fear some are quietly advocating If we return again have excessive monetary growth we will again have surging inflation And it must be noted that...that this higher rate of inflation will not cause real economic growth to occur but will in fact lead 3 4 to another recession Inflation in not our ally it is our most debili tating enemy The Federal Reserve...

increase in the percent of adults who are uninsured in the average month in the first 6 months of 2008 compared to the average month since in the first 6 months of 2009 The Administration has aggressively...how these numbers are measured as Mr Brady pointed out earlier and espe cially how we adjust for inflation and how we measure poverty However it is quite clear to me the faulty measurement does not likely...quibble with exactly the right way to measure this Some people believe I believe that our measures of inflation that we used to adjust over time might be a little overstated so if you adjusted for that maybe...

and extend the Unemployment Insurance Program for the thousands of work ers losing their jobs each month We funded up to 20 additional weeks of benefits at the state level through the Extended Benefits Program...high rates of unemployment Many jobless Americans are receiving an additional hundred dol lars a month due to provisions in the Recovery Act but for many of these unemployed workers it is not just the...12 months so these indi viduals and families struggle to put food on the table and pay rent each month The states coffers on which the unemployed depend continue to be empty Long term unemployed residents...

issue equity And this tax advantage for debt can actually depending on where interest rates and inflation are and so on can get you a 19 negative user cost for 100 percent debt financed investment Which...

population it gets a little cold in Minnesota in the winter So we have some people that go south for a month or two We also have a lot of college students in our State Could you talk about just the unique challenges...It is a very complex survey I couldn t possibly begin to explain it to you But essentially every month a number of households are interviewed for all of the ques tions that would appear on this long form...the census But we get much finer temporal result detail because we gather the data basically every month Representative Hinchey So Mr Eddy I guess I should add there is a wonderful potential for money saving...

civilian eml lovment for the first 6 months at an average of 58 1 million only slightly below the t month verage of 58 3 million in the first half of 1948 appendix table 4 This relative stability in the total...oyment conceals some important changes in employment in various parts of the ecosonly alnd the 6 month average conceals a significant downwardl rend in recent months in nonagricultural emplovment Thle...not readitvaea eren tPostwar peak Percent os a I a Annual average employment change Percent to 9 Iy Month and year IEmploy ctran v men I p 194 12 1 L 4 4 K5 4 l Mt 1 023 A u g u s t 9 4 i9 6 9 90 2 2 9 August...

tax reductions on consumer demand and savings Little is known about the effect of recent price inflation on the real purchasing power of various groups in the population particularly those with relatively...

been threatening our high level of economic activity or are they merely a temporary halt in the inflation spiral In order to throw light on food prices and their repercussion set forth below are the basic...tures made by a large and representative sample The index by major categories for the most recent month available December 1947 as well as for June 1946 and 1947 is given in table I TABLE I Consumers price...TABLE III R1etail prices for groups of foods Index number 1935 39 1001 Fruits and Cereals andYear and month All foods vegetables akry Meats prodyts Jume 1946 145 6 183 5 122 1 134 0 147 8November 1946 187 7...

pay an interest rate a respectable one like a long term return on capital of about 3 percent plus inflation on the unused balances going forward The present value would be the same as expensing but it would...