and the Price Commission set a 2.5% annual limit on price increases.[99] The limits did help to control wages, but not inflation.[100] Overall, however, the controls were viewed as successful in the short term[101] and were popular with the public, who felt Nixon was rescuing them from price-gougers and from a foreign-caused exchange crisis.[97][102]
Nixon was worried about the effects of increasing inflation and accelerating unemployment,[97] so he indexed Social Security for inflation, and created Supplemental Security Income (SSI). In 1969, he had presented the only balanced budget between 1961 and 1998.[103] However, despite speeches declaring an opposi
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Subject: wever, despite speeches declaring an opposi 
Mon Mar 14, 2011 10:46 pm