President kennedy desire to keep inflation under control is best demonstrated by his

In the time of Kennedy's reign the government set the border in a 3.2% wage increase per year. New threat of inflation was the intention to raise the price of steel (at $ 6 per ton), proposed April 10, 1962 Chairman of the Board of the Steel Trust Blaor. Kennedy made the Steel Trust to abandon its plans to prevent inflation. However, by doing so he lost the support of industrialists in the conduct of their economic policy.

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