Nixon White House Tapes — Conversation 426-038
Date: Tuesday, April 10, 1973 at 3:34 PM
Participants: Nixon, Richard M. (President); Waggonner, Joe D., Jr.
Recording device: Old Executive Office Building
Source: https://www.easynixon.org/tapes/426-038

This transcript was generated automatically by AI (WhisperX) and has not been reviewed for accuracy. Do not cite it as authoritative.

[0:04] Thank you.
[0:39] Oh, you're my core colleague, too.
[0:59] I know it's a funny job, too, for you both.
[1:00] But it really is no joke, because I know when the party guys put their arm on me, I always say it's worth it.
[1:02] Do you want to work another night?
[1:03] Let's get to work.
[1:07] ... ... ...
[1:43] uh...
[2:24] I've got that in there.
[2:34] Not the old version.
[2:39] If you do the old version, it's going to be highly inflationary right now at a time when inflation is pretty tough.
[2:49] The problem we've got now, the recent inflation is tough because we've got a hell of a lot of money.
[2:52] So it's sort of good in one way and bad in another way.
[2:56] You know, there's labor shortages all through the summer.
[3:17] Real, real, you know, and it's got skilled stuff.
[3:18] Right now, the day that you can't get anybody to work.
[3:19] Sure.
[3:19] It isn't because Joe's people have got more.
[3:24] People are buying more.
[3:25] It's not only Joe's.
[3:30] in places like Singapore, Richard.
[3:52] I'd rather be that way than the other way.
[3:53] It's a good one, I think.
[3:54] Yeah, we have to, of course, we have to open up.
[3:56] It just gives us the tools we need to do the job.
[3:58] But as I told the boys today, I said, look,
[3:59] I mean, some of you would be able to get the power of the president.
[4:12] Now, I know all this art.
[4:16] I don't want any more power.
[4:17] We should put the money back here for this stuff.
[4:18] But the point is that I can't send a negotiator like Beverly abroad to negotiate with the Japanese or the Germans.
[4:21] And then the guy on the other side of the table says, look, I can do this.
[4:22] And everybody says, well, wait, I've got to check with the Congress.
[4:24] I said, I can't make any deals that way.
[4:25] Right?
[4:29] Correct.
[4:31] Correct.
[4:59] Yeah, I know.
[5:24] Good.
[5:24] I'd love to see it.
[5:24] Good, dude.
[5:25] Hey.
[5:25] Tomorrow, I'm going to come down and call them.
[5:26] I'm going to go over to the chair.
[5:26] I'm going to sit down.
[5:27] I'm going to sit down tomorrow.
[5:28] I'm going to be here on Thursday.
[5:29] Okay.
[5:32] Okay.
[6:02] Thank you.
[6:32] Boy, they are fantastic.
[6:55] Fantastic.
[6:55] What they've gone through.
[6:55] Yeah.
[6:56] They believe it.
[6:56] Okay.
[6:56] That's right.
[6:56] That's right.
[6:57] Right.
[6:57] Yeah, one of them.
[6:57] I said, you know, I said, a lot of you may have noticed that a lot of
[7:08] ... ... ...
[7:35] Okay.
[8:06] All right.
[8:07] Thank you.