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Editorial
October 11, 1951
The Daily Alaska Empire
Juneau, Juneau County, Alaska
What is this article about?
Economic analyst Merryle Stanley Rukeyser warns against complacency toward inflation and government waste in a Seattle interview, urging business leaders to advocate fiscal prudence and efficiency amid rising living costs and taxes.
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Thursday, October 11, 1951
WARNING AGAINST INFLATION
COMPLACENCY
A warning against complacency
in the face of
inflation was sounded last week by Merryle Stanley
Rukeyser, economic analyst, while in Seattle as a
lecture speaker.
What he had to say is significant in view of
constantly rising living costs-together with increas-
ing taxes to pay for increasing government costs. In
an interview in the Seattle Post-Intelligencer, Mr.
Rukeyser said: "I caution top management not to be
complacent of government waste and fiscal blunders.
Business leaders will render a service if they put
themselves on the side of prudence, efficiency and
good management of public and private affairs."
"Business should not be deterred from talking
boldly because of fears of political reprisals."
The well known analyst and financial columnist
said further that it is futile to try to balance un-
controlled waste on the spending side with higher
tax receipts.
"There is no solution short of rigorous economy
all along the line in government expenditures," he
said.
WARNING AGAINST INFLATION
COMPLACENCY
A warning against complacency
in the face of
inflation was sounded last week by Merryle Stanley
Rukeyser, economic analyst, while in Seattle as a
lecture speaker.
What he had to say is significant in view of
constantly rising living costs-together with increas-
ing taxes to pay for increasing government costs. In
an interview in the Seattle Post-Intelligencer, Mr.
Rukeyser said: "I caution top management not to be
complacent of government waste and fiscal blunders.
Business leaders will render a service if they put
themselves on the side of prudence, efficiency and
good management of public and private affairs."
"Business should not be deterred from talking
boldly because of fears of political reprisals."
The well known analyst and financial columnist
said further that it is futile to try to balance un-
controlled waste on the spending side with higher
tax receipts.
"There is no solution short of rigorous economy
all along the line in government expenditures," he
said.
What sub-type of article is it?
Economic Policy
Taxation
What keywords are associated?
Inflation
Complacency
Government Waste
Fiscal Prudence
Taxes
Business Leadership
What entities or persons were involved?
Merryle Stanley Rukeyser
Seattle Post Intelligencer
Business Leaders
Government
Editorial Details
Primary Topic
Warning Against Inflation Complacency And Government Waste
Stance / Tone
Cautionary Advocacy For Fiscal Prudence
Key Figures
Merryle Stanley Rukeyser
Seattle Post Intelligencer
Business Leaders
Government
Key Arguments
Caution Against Complacency Toward Inflation And Government Waste
Business Leaders Should Advocate Prudence, Efficiency, And Good Management
Business Should Speak Boldly Despite Fears Of Political Reprisals
Balancing Waste With Higher Taxes Is Futile
Solution Requires Rigorous Economy In Government Expenditures