Show A BED SOLUTION l r I i S CONTROLS WONT WON'T WORK Will the government give in to growing groning pressure for re- re imposition of wage and price controls It is axiomatic that those hose who vho fail to learn from history are doomed to repeat repeal it Unbelievable e as it may seem considering the sorry saga of controls from 74 1971 there are many in Congress and elsewhere here apparently anxious to make the same hideous mistake again Public opinion may appear to be on their side But nut National Association of Manufacturers Vice President and Chief Economist Economist Economist mist George Hagedorn observes Public support for controls is always strongest when controls arc are not in effect NAM Chairman David id B. B Meeker says business people oppose controls because they know from unfortunate experience ence that the they lead to shortages CIO President George opposes controls because of the threat to the wages and jobs of his members Thus both bus busness ness and labor seem to have longer memories than some elected officials and others who call for controls Industry and workers should be given a chance to correct economic economic economic eco eco- distortions resulting from the last controls |