TLS, one page, 8.5 x 11, The Vice President letterhead, May 17, 1982. Letter concerning the economy, in part: “This Administration is fighting for an economic recovery policy, which has already seen the lowering of interest rates. Our program is designed to avoid the errors of past efforts to lower interest rates in the short-run by pursuing an expansionary monetary policy which only led to increased inflationary pressures and ultimately higher interest rates…Such a policy of monetary restraint is facilitated by reducing government spending, by broad-based tax rate reductions which will increase private saving, and by steps to lower the cost of government regulation.” In fine condition. Pre-certified PSA/DNA.
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