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Editorial
April 22, 1948
The Mingo Republican
Williamson, Mingo County, West Virginia
What is this article about?
Editorial criticizes President Truman for contributing to U.S. inflation through tax cuts and foreign aid while urging anti-inflation controls, comparing them to communist regimentation and warning against sacrificing individual freedoms.
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TRUMAN VS. INFLATION
He and his political associates having contributed more than any other group to the present inflationary price trend in the U. S., President Truman must have spoken tongue-in-cheek when he addressed the American Society of Newspaper Editors the other evening and urged them to support "proper" anti-inflationary steps.
"At the same time that taxes are being reduced, we are undertaking a program of assistance to foreign countries," said Mr. Truman. "We are also considering certain necessary additions to our national defense program. Both of these programs are of utmost importance, and we must have them. But they will result in strains on parts of our economy, which can add to inflation if we do not have proper controls."
There was a time, doubtless, when the public might have overlooked the stupendous irony of the above statement.
It is highly paradoxical in that it asks us to impose "police state" controls in Europe. Of course the controls sought by Mr. Truman are only "temporary, emergency" controls. But this is precisely what the Russians are told by the present Red masters. These latter claim that the "dictatorship of the proletariat" is only a transient phase of establishing the Socialist-Soviet state.
Our view is that a regimented nation is a doomed nation, whether regimented in the name of Communism or quasi-Socialism. The glory of our nation is the freedom and dignity of the individual citizen.
Why should we abolish it at home, in pursuit of a chimera overseas?
He and his political associates having contributed more than any other group to the present inflationary price trend in the U. S., President Truman must have spoken tongue-in-cheek when he addressed the American Society of Newspaper Editors the other evening and urged them to support "proper" anti-inflationary steps.
"At the same time that taxes are being reduced, we are undertaking a program of assistance to foreign countries," said Mr. Truman. "We are also considering certain necessary additions to our national defense program. Both of these programs are of utmost importance, and we must have them. But they will result in strains on parts of our economy, which can add to inflation if we do not have proper controls."
There was a time, doubtless, when the public might have overlooked the stupendous irony of the above statement.
It is highly paradoxical in that it asks us to impose "police state" controls in Europe. Of course the controls sought by Mr. Truman are only "temporary, emergency" controls. But this is precisely what the Russians are told by the present Red masters. These latter claim that the "dictatorship of the proletariat" is only a transient phase of establishing the Socialist-Soviet state.
Our view is that a regimented nation is a doomed nation, whether regimented in the name of Communism or quasi-Socialism. The glory of our nation is the freedom and dignity of the individual citizen.
Why should we abolish it at home, in pursuit of a chimera overseas?
What sub-type of article is it?
Economic Policy
Partisan Politics
Foreign Affairs
What keywords are associated?
Inflation
Truman
Economic Controls
Foreign Aid
Communism
Individual Freedom
What entities or persons were involved?
President Truman
American Society Of Newspaper Editors
Russians
Red Masters
Editorial Details
Primary Topic
Criticism Of Truman's Anti Inflation Policies
Stance / Tone
Strongly Critical Of Government Controls
Key Figures
President Truman
American Society Of Newspaper Editors
Russians
Red Masters
Key Arguments
Truman And Associates Contributed To Inflation
Irony In Urging Controls Amid Tax Reductions And Increased Spending
Foreign Aid And Defense Programs Strain Economy
Controls Akin To Communist Regimentation
Regimented Nation Is Doomed
Preserve Individual Freedom Over Overseas Pursuits