Tax-Cut to Bring Prosperity? - Lynn E Torrance - March 1964

Lynn E Torrance

What is the truth about the predicted U.S. economic boom? Is prosperity just around the corner? How long will it last? President Johnson and his economic advisors are forecasting a nation-wide economic boom in the months ahead. Government economists predict the nation will, in the next year, spend more for luxury goods, more for travel and vacations, more for food, more for housing, more for clothing than in any previous year in our history. That, we are assured, will bring prosperity! What's behind this sudden optimism? Is there any real basis for these smiling predictions of national prosperity? - Information Supplied By: Herbert W Armstrong Library