Documents / Official release

Ford Press Releases, January - April 1966: 12130682

· 55 pages · text from the file's own layer

This file from the Gerald R. Ford Presidential Library holds press releases and statements that House Republican Leader Gerald R. Ford issued between January and April 1966. Most cover Vietnam policy, the war on poverty, inflation, foreign aid, the federal budget and changes in his press staff. An April 21, 1966 statement says the Air Force told Ford it would contract a university with no close Air Force ties to have scientists study unexplained UFO sightings and make the report public. According to Ford, his call for congressional hearings led to this study.

CONGRESSMAN
GERALD R. FORD
HOUSE REPUBLICAN LEADER
FOR RELEASE ON RECEIPT
NEWS
RELEASE
STATEMENT BY HOUSE MINORITY LEADER. GERALD R. FORD, R-MICHIGAN
Acting like the Air Force with flying saucer reports, Johnson
Administration economists are trying to explain away the 0,5 of one per cent
increase in the consumer price index for February.
It makes no sense to try to make this bad news lesa bad. The realist
will recognize the February rise in the consumer cost-of-living figures for
what it is--the largest since June of last year, which was the same. Last
month's consumer price jump also was the biggest for a February since 1951.
If the monthly rise in the consumer price index continues at the
February rate, it will result in a nearly six per cent jump in prices at
retail for the year.
It should be remembered in this connection that for the November-
February period, the wholesale price rise was at a six per cent annual rate,
This is the peril tn the February consumer price increase, coming as
it does after a wholesale price reading which shows the steepest climb in
wholesale prices for a February since the Korean War--0.7 of one per cent.
The cons\Der price rise for February brings the consumer price index
to 111.5. This means it coat $11.15 last month to buy what $10 bought in
the 1957-59 perlo~which is used as a base for the index.
Johnson·llumphrey Adminiatration economiets ere seeking to calm thf!
public'e fears about inflation, so they cla~ that food prices already have
begun to drop.
Their for.ecaat of a food prlc·e decl:l.ne may prove no more trustworthy
than President Johnson's faulty ff.guree oa January-February retail sales
annouace4 at his press conference last week.
All the American people have to go on are the governmentts monthly
readings of wholesale and consumer prices. If, indeed, food prices do
decline this month. there may well be increases in other items.
This much we know--prices have been increasing and sharply. The
Johnson-Humphrey Administration, because it continuously promotes more
federal spending, is the prime cause of spiralling costs for every family.

Cases discussed

About this file

Official release, from the nara collection. The PDF is mirrored here; the original link is above. 55 pages are in the text index: search them above, or from the library's search.