President Nixon, seen here in 1971 announcing wage and price controls, tried to tamp down inflation. But he had a hard time holding unions in line, as they pressed for higher pay for their members, in part to keep up with the rising cost of living.
President Nixon, seen here in 1971 announcing wage and price controls, tried to tamp down inflation. But he had a hard time holding unions in line, as they pressed for higher pay for their members, in part to keep up with the rising cost of living.