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President Richard Nixon. Nixonomics, a portmanteau of the words "Nixon" and "economics", refers either to the performance of the U.S. economy under U.S. President Richard Nixon [1] (i.e. the expansions in 1969 and from 1970 to 1973 during the broader Post–World War II economic expansion and the recessions from 1969 to 1970 and from 1973 to 1975) or the Nixon administration's economic policies.
During Nixon's final year in office, Congress undercut Nixon's détente policies by passing the Jackson–Vanik amendment. [176] Senator Henry M. Jackson, an opponent of détente, introduced the Jackson–Vanik amendment in response to a Soviet tax that curbed the flow of Jewish emigrants, many of whom sought to immigrate to Israel.
The President's Commission on Financial Structure and Regulation, also known as the Hunt Commission (and not to be confused with the Hunt Commission of 1980) was a United States Presidential Commission created by President Richard Nixon between April and June 1970 that was "[r]esponsible for recommending measures to improve operation of the nation's private financial system."
A presidential determination is a determination resulting in an official policy or position of the executive branch of the United States government. [2] A presidential proclamation is a statement issued by a president on a matter of public policy issued under specific authority granted to the president by Congress and typically on a matter of ...
The Nixon shock was the effect of a series of economic measures, including wage and price freezes, surcharges on imports, and the unilateral cancellation of the direct international convertibility of the United States dollar to gold, taken by United States president Richard Nixon on 15 August 1971 in response to increasing inflation.
The power was available to all presidents up to and including Richard Nixon, and was regarded as a power inherent to the office, although one with limits. The Congressional Budget and Impoundment Control Act of 1974 was passed in response to the abuse of power under President Nixon. [1] The Act removed that power, and Train v.
This has fueled a massive increase in the federal debt, which now totals $34 trillion, about $6 trillion more than America’s gross domestic product (GDP), the value of all the goods and services ...
Richard Milhous Nixon (January 9, 1913 – April 22, 1994) was the 37th president of the United States, serving from 1969 until his resignation in 1974. A member of the Republican Party, he previously served as a representative and senator from California and as the 36th vice president from 1953 to 1961 under President Dwight D. Eisenhower.