Word: jasinowski
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PRICE CONTROLS. While Ford has rejected intervening in private price and wage decisions, Carter says he would use the influences of the White House to get employers and labor to adopt voluntary limits. Says Jerry Jasinowski, Carter's chief staffer on economic issues: There would be "very vigorous use of the Council on Wage and Price Stability, including requirements for prenotification of major increases and hearings on them...
Lately, Carter has moderated his call for stand-by authority for the President to impose wage and price controls in an emergency. Says Jasinowski: "He continues to support that position, but only as a last resort. I would not anticipate any immediate, high-priority action to request selective stand-by wage and price authority. That would come only if there was a national emergency." In any case, Carter says that "my guess is that I would never use them...