...maintaining, in a manner calculated to foster and promote free competitive enterprise and the general welfare, conditions under which there will be afforded useful...promote maximum employment, production, and purchasing power. Now, that statement of policy has stood the test of time, and to implement it a Council of Economic...

...all practicable means ... to foster and promote free competitive enterprise and the general welfare, conditions under which there will be afforded useful...promote maximum employment, production, and purchasing power. . . ." Professor Slesinger offers a review of the Economic Reports and describes the development...

...to be the continuing policy of the federal Government to promote conditions under which there would be afforded "useful employment opportunities, including...promote maximum employment, production, and purchasing power." The transition to a peacetime economy in fact proceeded much more smoothly, from the standpoint...

...the 1946 Employment Act. There we find a policy declaration that specifies Federal responsibility for creating and maintaining "conditions under which there...self-employment for those able, willing, and seeking to work." Unemployment is not specifically mentioned. The phrase "able, willing, and seeking to work" is to be...

...Unemployment l THE Employment Act of 1946 declares that it is the policy of the Federal Government to foster "conditions under which there will be afforded useful...self-employment, for those able, willing, and seeking to work." Under the best of conditions, however, there will always be some unemployment arising from delays involved...

...them." 16 In the United States, the Employment Act of 1946 declares that it is Federal policy to create conditions "under which there will be afforded useful...self-employment, for those able, willing, and seeking to work . . ." In fact, during the 12 years, 1946-57, unemployment in the United States has ranged from 2.5...

...Unemployment 1 THE Employment Act of 1946 declares that it is the policy of the Federal Government to foster "conditions under which there will be afforded useful...self-employment, for those able, willing, and seeking to work." Under the best of conditions, however, there will always be some unemployment arising from delays involved...

...maintaining . . . conditions under which there will be afforded useful employment opportunities . . . for those able, willing, and seeking to work, and...promote maximum employment, production, and purchasing power." Among these goals, the one which has probably received the greatest attention over the three...

...is to make clear that the primary test by which our economy is to be judged is whether it provides "useful employment opportunities, including self-employment, for those able, willing, and seeking to work." It is the trade union movement which in many cases has taken the leadership in focusing attention on...

...employment, production, and purchasing power" and to create and maintain an economic environment in which "there will be afforded useful employment opportunities,...self-employment, for those able, willing, and seeking to work." The broad goals of the Act imply, first, that the vast productive capacity of the Nation should be...