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Pragmatism at the center — is it enough?

Carl H. Madden (Chief Economist of the Chamber of Commerce of the United States.)

Planning Review

ISSN: 0094-064X

Article publication date: 1 March 1975

44

Abstract

Both the Congress and the President come across after a few months as extreme pragmatists. Earlier fears of a “veto‐proof” Congress are dissolving. Huge mandates last November plus the decline of party discipline make independents of new congressmen and congresswomen despite Democratic party caucuses. Meanwhile, a basically conservative President struggles mightily with the stubborn growth of the federal government — now 22 percent of the economy — and loses. With only 18 percent of voters calling themselves Republican, how can he cut programs paying dollars to individuals while unemployment mounts and inflation only creeps downward?

Citation

Madden, C.H. (1975), "Pragmatism at the center — is it enough?", Planning Review, Vol. 3 No. 3, pp. 8-9. https://doi.org/10.1108/eb053713

Publisher

:

MCB UP Ltd

Copyright © 1975, MCB UP Limited

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