Nixon Today

The Burden of Bretton Woods

“Only a truly convincing shift to new policies of prudence and restraint can accomplish this all-important objective.” — Richard Nixon, 1968 Campaign When President Nixon took office in 1969, inflation, excessive balance of payments deficits and a...

King Coal Smashes Atomic Future

A May 6, 1971 memorandum from Domestic council staff member Will Kriegsman to Council of Economic Advisors Chair Paul McCracken, describes a meeting between the coal industry and representatives of President Nixon's administration about the crash program for the...