Views on the National Economy and Government Control: A Business Perspective, 1975-01-16

Item — Box: 22, Folder: 35

Identifier: CAC_CC_109_4_22_35_0018

Staff Only

The letter is written by Richard Fowlkes, the president of a business called FO-MAC, Inc., expressing concerns about inflation, recession, and the national economy. Fowlkes discusses the impact of price increases on their business due to raw materials being related to the oil industry. He criticizes President Ford's idea of taxing crude oil and suggests limiting imports instead. Fowlkes also mentions his support for returning control to states and local governments. Additionally, he discusses his voting history, concerns about forced busing for racial integration, and the need for Congress to focus on free enterprise and productivity. He urges Congress to learn from history to avoid the downfall of past empires.

Dates

1975-01-16

Language of Materials

English

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