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Economic Stabilization Act of 1970

Index Economic Stabilization Act of 1970

The Economic Stabilization Act of 1970 (Title II of, formerly codified at) was a United States law that authorized the President to stabilize prices, rents, wages, salaries, interest rates, dividends and similar transfers. [1]

50 relations: Albert Rees, Civil law (common law), Council of Economic Advisers, Criminal law, Dividend, Donald Rumsfeld, Economic growth, Economic Stabilization Agency, Education, Emergency Petroleum Allocation Act, Environmental protection, Equal Employment Opportunity Commission, Executive Office of the President of the United States, Executive order, Gold standard, Inflation, Interest rate, John Connally, Lyndon B. Johnson, National Labor Relations Board, New Frontier, Nondelegation doctrine, Office of Price Administration, Original jurisdiction, President of the United States, Price, Price controls, Public sphere, Public transport, Public works, Renting, Revenue Act of 1971, Richard Nixon, Salary, Sanctions (law), Subpoena, Supplemental Security Income, Trade, United States, United States Congress, United States Court of Appeals for the Federal Circuit, United States Department of Housing and Urban Development, United States Department of the Treasury, United States district court, United States District Court for the District of Columbia, Vietnam War, Wage, Wage Stabilization Board, Washington, D.C., 1970s energy crisis.

Albert Rees

Albert E. Rees (August 21, 1921 – September 5, 1992) was an American economist and noted author.

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Civil law (common law)

Civil law is a branch of the law.

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Council of Economic Advisers

The Council of Economic Advisers (CEA) is a United States agency within the Executive Office of the President established in 1946, which advises the President of the United States on economic policy.

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Criminal law

Criminal law is the body of law that relates to crime.

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Dividend

A dividend is a payment made by a corporation to its shareholders, usually as a distribution of profits.

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Donald Rumsfeld

Donald Henry Rumsfeld (born July 9, 1932) is a retired American political figure and businessman.

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Economic growth

Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time.

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Economic Stabilization Agency

The Economic Stabilization Agency (ESA) was an agency of the United States Government that existed from 1950 to 1953.

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Education

Education is the process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits.

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Emergency Petroleum Allocation Act

The Emergency Petroleum Allocation Act of 1973 (EPAA) was a U.S. law that required the President to promulgate regulations to allocate and control price of petroleum products in response to the 1973 oil crisis.

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Environmental protection

Environmental protection is a practice of protecting the natural environment on individual, organization controlled or governmental levels, for the benefit of both the environment and humans.

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Equal Employment Opportunity Commission

The U.S. Equal Employment Opportunity Commission (EEOC) is a federal agency that administers and enforces civil rights laws against workplace discrimination.

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Executive Office of the President of the United States

The Executive Office of the President of the United States (acronyms: EOP) is a group of agencies at the center of the executive branch of the United States federal government.

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Executive order

In the United States, an executive order is a directive issued by the President of the United States that manages operations of the federal government and has the force of law.

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Gold standard

A gold standard is a monetary system in which the standard economic unit of account is based on a fixed quantity of gold.

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Inflation

In economics, inflation is a sustained increase in price level of goods and services in an economy over a period of time.

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Interest rate

An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited or borrowed (called the principal sum).

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John Connally

John Bowden Connally Jr. (February 27, 1917June 15, 1993) was an American politician.

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Lyndon B. Johnson

Lyndon Baines Johnson (August 27, 1908January 22, 1973), often referred to by his initials LBJ, was an American politician who served as the 36th President of the United States from 1963 to 1969, assuming the office after having served as the 37th Vice President of the United States from 1961 to 1963.

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National Labor Relations Board

The National Labor Relations Board (NLRB) is an independent US government agency with responsibilities for enforcing US labor law in relation to collective bargaining and unfair labor practices.

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New Frontier

The term New Frontier was used by liberal Democratic presidential candidate John F. Kennedy in his acceptance speech in the 1960 United States presidential election to the Democratic National Convention at the Los Angeles Memorial Coliseum as the Democratic slogan to inspire America to support him.

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Nondelegation doctrine

The doctrine of nondelegation is the theory that one branch of government must not authorize another entity to exercise the power or function which it is constitutionally authorized to exercise itself.

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Office of Price Administration

The Office of Price Administration (OPA) was established within the Office for Emergency Management of the United States government by Executive Order 8875 on August 28, 1941.

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Original jurisdiction

The original jurisdiction of a court is the power to hear a case for the first time, as opposed to appellate jurisdiction, when a higher court has the power to review a lower court's decision.

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President of the United States

The President of the United States (POTUS) is the head of state and head of government of the United States of America.

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Price

In ordinary usage, a price is the quantity of payment or compensation given by one party to another in return for one unit of goods or services.

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Price controls

Price controls are governmental restrictions on the prices that can be charged for goods and services in a market.

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Public sphere

The public sphere (German Öffentlichkeit) is an area in social life where individuals can come together to freely discuss and identify societal problems, and through that discussion influence political action.

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Public transport

Public transport (also known as public transportation, public transit, or mass transit) is transport of passengers by group travel systems available for use by the general public, typically managed on a schedule, operated on established routes, and that charge a posted fee for each trip.

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Public works

Public works (or internal improvements historically in the United States)Carter Goodrich, (Greenwood Press, 1960)Stephen Minicucci,, Studies in American Political Development (2004), 18:2:160-185 Cambridge University Press.

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Renting

Renting, also known as hiring or letting, is an agreement where a payment is made for the temporary use of a good, service or property owned by another.

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Revenue Act of 1971

The United States Revenue Act of 1971 reinstated the investment tax credit, repealed the 7% automobile excise tax, and increased the minimum standard deduction from $1,000 to $1,300.

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Richard Nixon

Richard Milhous Nixon (January 9, 1913 – April 22, 1994) was an American politician who served as the 37th President of the United States, serving from 1969 until 1974, when he resigned from office, the only U.S. president to do so.

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Salary

A salary is a form of payment from an employer to an employee, which may be specified in an employment contract.

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Sanctions (law)

Sanctions, in law and legal definition, are penalties or other means of enforcement used to provide incentives for obedience with the law, or with rules and regulations.

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Subpoena

A subpoena (also subpœna) or witness summons is a writ issued by a government agency, most often a court, to compel testimony by a witness or production of evidence under a penalty for failure.

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Supplemental Security Income

Supplemental Security Income (SSI) is a United States government means-tested welfare program that provides cash assistance and health care coverage (i.e., Medicaid) to people with low-income and limited assets who are either aged 65 or older, blind, or disabled (children included).

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Trade

Trade involves the transfer of goods or services from one person or entity to another, often in exchange for money.

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United States

The United States of America (USA), commonly known as the United States (U.S.) or America, is a federal republic composed of 50 states, a federal district, five major self-governing territories, and various possessions.

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United States Congress

The United States Congress is the bicameral legislature of the Federal government of the United States.

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United States Court of Appeals for the Federal Circuit

The United States Court of Appeals for the Federal Circuit (Federal Circuit; in case citations, Fed. Cir. or C.A.F.C.) is a United States court of appeals headquartered in Washington, D.C. The court was created by Congress with passage of the Federal Courts Improvement Act of 1982, which merged the United States Court of Customs and Patent Appeals and the appellate division of the United States Court of Claims, making the judges of the former courts into circuit judges.

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United States Department of Housing and Urban Development

The United States Department of Housing and Urban Development (HUD) is a Cabinet department in the Executive branch of the United States federal government.

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United States Department of the Treasury

The Department of the Treasury (USDT) is an executive department and the treasury of the United States federal government.

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United States district court

The United States district courts are the general trial courts of the United States federal court system.

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United States District Court for the District of Columbia

The United States District Court for the District of Columbia (in case citations, D.D.C.) is a federal district court.

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Vietnam War

The Vietnam War (Chiến tranh Việt Nam), also known as the Second Indochina War, and in Vietnam as the Resistance War Against America (Kháng chiến chống Mỹ) or simply the American War, was a conflict that occurred in Vietnam, Laos, and Cambodia from 1 November 1955 to the fall of Saigon on 30 April 1975.

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Wage

A wage is monetary compensation (or remuneration, personnel expenses, labor) paid by an employer to an employee in exchange for work done.

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Wage Stabilization Board

The Wage Stabilization Board (WSB) was an independent agency of the United States government whose function was to make wage control policy recommendations and to implement such wage controls as were approved.

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Washington, D.C.

Washington, D.C., formally the District of Columbia and commonly referred to as Washington or D.C., is the capital of the United States of America.

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1970s energy crisis

The 1970s energy crisis was a period when the major industrial countries of the world, particularly the United States, Canada, Western Europe, Japan, Australia, and New Zealand, faced substantial petroleum shortages, real and perceived, as well as elevated prices.

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Redirects here:

Economic Stabilization Act, Pay Board and Price Commission, U.S. Cost of Living Council.

References

[1] https://en.wikipedia.org/wiki/Economic_Stabilization_Act_of_1970

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