Show 0 remedy for declines in business it 0 kj I 1 in a recent address herbert hoover found no 1 1 reason to fear or anticipate another major depression he described the destructive economic forces and weaknesses that res resulted bulted in the collapse of the and taid aid there is no parallel condition now then he be made this important statements 1 I believe that due to scientific discovery invention and improvement of production methods our present industrial plants can support the present standard of living of our people and beyond that can produce some surpluses it is these surpluses plus some dehydrated optimism that are worrying the situation today and like everybody else I 1 have a remedy my bly remedy follows the proposal of president eisenhower that if necessary we should reduce taxes in such a fashion as to increase the buying power of the people so that they can absorb the surplus and thus lift the whole level of the standard of living another stage the surest route to that end is to reduce government expenses and thus reduce taxes in other words the ke key to good times is consumption and the tha yay way to maintain and increase consumption is to let the people keep more of their earnings to buy things with |