{"conversationCode":"005-066","tapeNumber":5,"conversationNumber":66,"identifier":"37-wht-conversation-005-066","startDateTime":"1971-06-14T20:34:00.000Z","endDateTime":"1971-06-14T22:46:00.000Z","startDate":"14-Jun-1971","startTime":"4:34 PM","endDate":"14-Jun-1971","endTime":"6:46 PM","dateCertainty":"certain","timeCertainty":"estimated","participants":"Nixon, Richard M. (President); White House operator;","description":"On June 14, 1971, President Richard M. Nixon and the White House operator talked on the telephone at an unknown time between 4:34 pm and 6:46 pm. The White House Telephone taping system captured this recording, which is known as Conversation 005-066 of the White House Tapes.","locationCode":"WHT","recordingDevice":"White House Telephone","latitudeEstimated":38.89767,"longitudeEstimated":-77.03655,"chronCode":1,"chronRelease":"First Chronological Release","chronReleaseDate":"5-Oct-1999","aogpRelease":null,"aogpSegment":null,"lastModified":"2015-07-27T17:04:10.235Z","findingAid":"Conversation No. 5-66\n\nDate: June 14, 1971\nTime: Unknown between 4:34 pm and 6:46 pm\nLocation: White House Telephone\n\nThe President talked with the White House operator.\n\n[See Conversation No. 519-16]\n\n     Call to George P. Shultz\n\n                                                                      Conversation\n                                                                      Conv. No. 5-66\n                                                                                   No.\n                                                                                     (cont.)\n                                                                                       5-67\n\nDate: June 14, 1971\nTime: 6:46 pm - 6:57 pm\nLocation: White House Telephone\n\nThe President talked with George P. Shultz.\n\n[See Conversation No. 519-17A]\n\n     President's schedule\n          -Meeting with Quadriad\n                 -John B. Connally\n\n     Economy\n         -Expansion\n         -Inflation\n               -Arthur F. Burns’ figures\n               -Budget and monetary policy\n               -Wage and labor cost figures\n         -US businessmen's lack of confidence in US\n               -Burns’ opinion\n               -Previous meeting of Business Council\n         -Impact of increase in output per manhour on labor costs\n               -National City Bank report in H.R. (“Bob”) Haldeman's office\n         -Paul W. McCracken\n         -Economic condition of Armor division of Greyhound Corporation\n               -Shultz's conversation with unknown man\n         -Plant-equipment expenditures in American business\n         -Inventory expansion\n               -Sales\n         -Retail sales (May 1971 figures)\n               -McCracken's memo to President\n               -Revising of figures\n               -Sears, Montgomery Ward, J.C. Penney's\n\n          -Unemployment and expansion of U.S. economy\n              -Decline of actual unemployment\n              -Seasonal factors in unemployment\n              -Armed forces discharges and employment of veterans\n          -Wage and price control system\n              -Costs\n              -Novelty","filename":["005-066.mp3"],"tapeStart":"02:07:35","tapeEnd":"02:07:42","participantsList":["Nixon, Richard M. (President)","White House operator"],"prevCode":"005-065","nextCode":"005-067","transcript":[{"start":0.03,"end":6.07,"text":"George Shultz, please."},{"start":6.09,"end":6.53,"text":"Thank you."}],"aiSummary":{"text":"President Nixon consulted with Office of Management and Budget Director George Shultz to review the current economic climate and address concerns regarding inflation and business confidence. The discussion focused on analyzing labor costs, productivity metrics, retail sales performance, and the complexities of monitoring unemployment trends, particularly regarding veterans. Nixon sought clarification on these economic indicators to better inform his upcoming meetings with the Quadriad and other advisors regarding potential wage and price control policies.","topics":["Economic policy","Inflation","Unemployment","George P. Shultz","Retail sales","Wage and price controls"],"generatedAt":"2026-04-05T21:56:09.427Z"},"topicSlugs":["economic-policy","inflation","unemployment","george-p-shultz","retail-sales","wage-and-price-controls"],"audioDurationSec":7,"audioFiles":[{"file":"005-066.mp3","bytes":78675,"durationSec":6.91,"bitrate":91093,"missing":false}],"audioIsShared":false,"audioProbedAt":"2026-09-18T02:19:21.077Z","audio":["https://nixon.nyc3.digitaloceanspaces.com/audio/005-066.mp3"],"url":"https://www.easynixon.org/tapes/005-066","nixonLibraryUrl":"https://www.nixonlibrary.gov/white-house-tapes/5/conversation-005-066","license":"Public domain (U.S. Government work). AI-generated fields (transcript, aiSummary) are provided as-is without warranty."}