Democratic (socialist/fascist) de facto President Kennedy, Esq. at a press conference with the national media, blames United States Steel’s recent six “dollar” per ton price increase as “seriously handicap[ping] our efforts to prevent an inflationary spiral from eating up the pensions of our older citizens, and our new gains in purchasing power.”
NOTES:
- It was not the increase in steel prices that was creating the inflationary spiral, but Kennedy’s reckless deficit spending that increased the money supply without a corresponding increase in the output of goods and services.
- As an attorney (Officer of the Court) Kennedy was ineligible to serve in two branches of government at the same time, according to Article I, Section 6 [Clause 2].
[restored 10/2/2022]
Subsequent Events:
References:
Calvin D. Linton, ed., The Bicentennial Almanac: 200 Years of America, 1776-1976, (Nashville, Tennessee: Thomas Nelson, 1975), 396-97.
John F. Kennedy: The President’s News Conference
www.presidency.ucsb.edu/ws/index.php?pid=8598&st=&st1=