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The Economic Planks of Both Parties
Collection StructureFiring Line broadcast records > Episode guide > The Economic Planks of Both Parties
Item Title The Economic Planks of Both Parties
Guest Rinfret, Pierre
Host Buckley, William F., Jr. (1925-2008)
Date CreatedAugust 26, 1976
Description

Mr. Rinfret energetically takes up where he left off on his previous Firing Line

appearance (#S156), tracing our economic problems over the last ten years. "We have a very interesting paradox going on right now. It's something nobody wants to talk about. We may not have in this country right now enough capital to put every American to work. I can give you the analogy in a very simple way: ten machines, eleven people looking for work, and only one man can work at one machine at a time. So you can put ten people to work and the eleventh guy is going to stand there ... We may be in that problem of having underinvested, overconsumed under an ancient antique concept of the 1930s. Consumption is not our problem. And yet every President that comes along, Congress comes along and says, 'Stimulate consumption; we need more consumption.' ... So they keep wondering why they're not getting economic growth."

Language(s)
Country of Origin
Place RecordedNew York City, New York, United States
DimensionsDuration: 60 minutes
FormatText
Medium television programs
Aspect Ratio
4:3
Color
color
Soundtrack
sound
Hoover IDProgram S0243
Record Number80040.485
NotesVideo not currently available for purchase.
RightsCopyright held by Stanford University. This copy is provided for educational and research purposes only. No publication, further reproduction, or reuse of copies, beyond fair use, may be made without the express written permission of the Hoover Institution Library & Archives on behalf of Stanford University.
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