The vigorous discussion ranges far beyond the narrow topic of the show's title to encompass America's economic performance since World War II, causes of inflation, profit sharing, and much else. Mr. Stern: "Unions are the only effective, long-term anti-poverty program that works. If workers have power in the marketplace we don't need to see the government involved at all in this process." ... Mr. Luttwak: "Central-bankism has become the replacement of Christianity throughout the Western world. Central-bankism holds that for real people to be unemployed is a thing more easily tolerated than to have an inflation rate of even 3 per cent per annum. The fight against the devil has been called off. There is now the fight against inflation." ... Mr. Green: "One year ago we had the unprecedented phenomenon of the stock market going wild, profits up, productivity finally going up, and real pay--median real pay--going down. Workers are entitled to say: 'What the hell is going on here?'"
- Hoover ID: Program S1091
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