President Nixon, John Ehrlichman, George Shultz, and H.R. Haldeman met to discuss administration strategies for managing public perception of economic performance and shaping domestic policy. The participants focused on countering negative economic narratives, particularly regarding the Consumer Price Index, by highlighting positive trends like lowered food prices and mortgage interest rates. Additionally, the group addressed labor issues within the construction industry, including the potential manipulation of government contract spending, and explored methods to build support for the President's revenue-sharing initiatives among local government officials.
This clip was extracted from the full tape recording by Easy Nixon.
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Position in tape: 03:30:05 – 04:30:56
part B, 1:28:55
451a.mp3
451b.mp3
451c.mp3
NARA Description
On February 18, 1971, President Richard M. Nixon, John D. Ehrlichman, George P. Shultz, and H. R. ("Bob") Haldeman met in the Oval Office of the White House from 3:55 pm to 4:52 pm. The Oval Office taping system captured this recording, which is known as Conversation 451-019 of the White House Tapes.
Nixon Library Finding Aid
Conversation No. 451-19
Date: February 18, 1971
Time: 3:55 pm - 4:52 pm
Location: Oval Office
The President met with John D. Ehrlichman
[Unintelligible]
Public relations
-Administration efforts
-William P. Rogers
-Henry A. Kissinger
-Commerce Department
-Herbert Stein
-Statements
-Problem
-Need for credibility
-Maurice H. Stans
George P. Shultz entered at an unknown time after 3:55 pm
Commerce Department
-Trade with Soviet Union
-President’s position
-Stans
-News summaries
-Stans
-Peter G. Peterson
-Kissinger
-Ehrlichman’s forthcoming lunch with Rocco C. Siciliano
Department of Commerce
-Stans
-Administration policies
-Commerce Department and Labor Department
-Role
H. R. (“Bob”) Haldeman entered at an unknown time after 3:55 pm
-Siciliano
-Public relations efforts
-Siciliano’s conversation with Stans
Show the rest of the log (178 more lines)
-Results
-Replacement
-James T. Lynn
-Role
-Public relations
-Department of Justice
-John N. Mitchell
-Richard G. Kleindienst
Domestic economic policy
-Forecasting
-Gross National Product [GNP] figures
-Arthur K. Laffer
-Econometrics
-Consumer Price Index [CPI]
-Adjustments
-Unknown writer
-Milton Friedman forecast
-Inflation
-Laffer’s model
-Money supply
-CPI
-Administrations policies
-Publicity
-Figures
-Washington Star
-National Broadcasting Company [NBC]
-Economic trends
-Food prices
-Interest rates
-Mortgage interest rates
-Used car prices
-New car prices
-Trade bill
-Trade adjustment assistance
-Peterson
-Administration’s position on quotas
-Anti-trust
-Trade bill
-Mitchell role
-Administration policy
-Stanley N. Barnes
-Ehrlichman’s conversation
-Herbert Brownell
-Dwight D. Eisenhower
-Richard W. McLaren
-Mitchell
-John B. Connally
-President’s view
-World-wide applications
-Airlines
-Need for coherent policy
-George J. Stigler, head of Task Force on Anti-Trust
-Policy recommendation
-McLaren
-Mitchell
-Kleindienst
-Role
-The President’s schedule
-Quadriad meeting
-Arthur F. Burns
-Increase money supply/interest rates
-Balance of payment
-Interest rates
-Troika meeting
-Paul W. McCracken
-Peterson
-Possible meeting with Connally
-David M. Kennedy
-Connally
-Balance of payments
-Burns’ concerns
-Peterson
-American Enterprise Institute [AEI] statement
-[Forename unknown] Habland [sp?] or Hubler [?]
-Wage and price freeze
-Burns’ views
-James D. Hodgson
-Potential problems
-Effect on construction
-Unemployment
-Federal government’s $14 billion in contracts
-Davis-Bacon Act
-Building trade
-Stephen D. Bechtel
-View of Davis-Bacon Act
-Davis-Bacon Act
-Productivity Commission
-Hodgson
-Apprenticeship rules
-Charles W. Colson
-Hubert H. Humphrey’s statements
-George Meany
-Edmund S. Muskie’s statements
-Productivity Commission
-Labor union tactics
-Construction industry
-Wage increases
-Effect on public
-Federal spending
-State and local government tactics
-John A. Volpe
-Effect on employment
-CPI
-Bureau of Labor Statistics
-Announcement
-McCracken
-Administration efforts
-Public relations
-Press briefing
-Trends
-Food prices
-Television statement by the President
-Shultz
-Administration policies
-Public relations
-Statements
-William L. Safire
-Clark MacGregor
-Effect of statement
-Economic stimulus
-[Thomas] Woodrow Wilson International Center for Scholars speech
-White House statement
-Ronald L. Ziegler
-Washington Star
-Bureau of Labor Statistics role in public relations
Wilson Center speech
-Meeting with Humphrey
-Revenue sharing
Appointment
-James C. Fletcher
-National Aeronautics and Space Administration [NASA]
Haldeman left at 4:43 pm
CPI
-Connally and balance of payments
-Burns’s role in public relations
-Role
Federal-state/local government relations
-Nelson A. Rockefeller [?]
-Office of Inter-governmental Relations
-Problems
-The Vice President
-Roy Kerderhoff [?]
-Colson
-President’s position
-Conversation with the Vice President
-Howard H. Baker, Jr.
-Samuel W. Yorty
-Warren Gorn [?]
-Carl B. Stokes
-Richard G. Lugar
-Rockefeller
-Daniel P. (“Pat”) Moynihan
-Davis-Bacon Act
-Administration position
-Statements
-Barber B. Conable, Jr.
-John B. Anderson
-John V. Lindsay
-Funds for New York City
-Problems with revenue sharing
-James H. J. Tate
-New York City problems
-Revenue sharing
-Patrick J. Buchanan
-Romney
-Connally
-Wilbur D. Mills
Ehrlichman and Shultz left at 4:52 pm
Transcript (AI-generated)
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Yes, we've just done an interview with each other.
right before he came up, he did a looting from there to the floor and up.
And then he's going to get a piece of Bruce Wayne casted brief in the 80s and then sent one in the dining room with the last minute preparations and dining room.
And then into the evening's activities.
Something that really hasn't gone to this degree before.
See, of course we can't go in and edit it for you, but I think you'll have some interesting material to work with.
So go ahead and edit it for us.
Yes.
And the walk.
Yes.
Thank you.
But it sounds like, uh, we've been asking where we can, uh, grab all of her sonny, not Bill, you know, whatever, daughter, and, uh, to our school, and he's in there.
He's there hitting the brakes on the car.
So, you know, he's the dad.
We're not in the part of the family that we can control.
We're all in the part
They're fighting like lions.
He did well.
He always does.
But it isn't right for George to be under the firearm department.
Or, or maybe, uh, I don't know.
Maybe that proves we're on the same level as what they're going to say.
That proves that we have an open administration.
An open administration doesn't go over the place.
It's not about having respect.
See, it loses triangle over here.
It's meant to have discipline.
Yeah.
You don't have to worry about that.
I know you had a nice lesson.
You've got something to learn.
I want you to talk about that.
Sure, sure, sure.
But your theory is not the whole thing.
Except for how we had it.
We had very few problems with Congress.
All this is pretty easy, man.
Which, uh, yeah.
Which is it?
I am for.
Okay.
We are for.
I am for.
A lot of this is subject to the very, very sensitivity of the law.
And I don't really care.
We've got to keep it down.
And whenever we have any kind of agreement with the Soviet, we want to keep it up.
We want to do it in advance.
How hard it is to see the effect.
We can be traded to the east.
We want to have traded to the east.
All you do there is just say, there's a goal.
I'm going to be less advanced.
And you're helping yourself, too.
We're going to do some research, and most of them are too close, so I'm going to rip them out.
I've got six, seven, six.
I'm going to hit it, buddy.
I'm going to hit it.
I'm going to hit it.
Well, the reason I'm asking this to you is that what he said, and he understands what the tag means, and why.
Unfortunately, we haven't seen Morrie today, so we won't be interviewing him on this.
But Ron will interview him.
Ron talks to us right now because he's a good man.
And he's an important man, too.
He was Morrie's character first on this.
Rather than providing the honor of taking the lead on any of these issues, he's not a threat.
I want Morrie to be on it.
But he must get away from this idea that the Commerce Department and more than the Labor Department represents certain interests.
not to be kept outside.
And that's true with the environment, where it will mean that we're going to have to get into the street on that end.
And it's true also over here, he's got a lot of sound.
There can be very good music.
I mean, I expect the Secretary of Labor to say some nice things about the current involvement.
But you know, when you come out of that situation where it appears that we're coming apart as students or something, that's what I'm afraid will develop here.
This is the way to handle it, do you think?
I know it wasn't because of the fact that Marty is under fire.
Yeah.
That's the problem.
I have done this before through Bronco.
It's worked pretty well.
I had real problems with Marty and I already did.
Nothing was happening.
We weren't getting any QR or anything.
I had Roger over and said, look, this wasn't going to happen.
He went back and gave us a warning.
And we began to get some action.
And I've very never been disappointed working through Roger.
Who's going to be his successor?
I heard probably the general counsel there, Jim Lynn.
Oh, sure.
He's an able person.
He's an able, single-minded gentleman.
Yeah.
Good.
He's one of the best people I've ever met in my life.
He's a number three man.
I want to see you.
It's over.
I want you to go ahead and sit down.
I have this with Jim.
Yes, sir.
We have an excellent relationship right now.
Good.
I'll text you.
He's always busy and he needs some guidance on that.
He's not supposed to be in a boat cabin.
I'm assuming that's what he needs to say.
But by the time we do the same thing many times when there's a real high heart, we don't bother for many of them because he's got it.
He's definitely got it.
But he didn't climb these things all the way.
So it's been really good for me.
Well, it is all that I had an opportunity last night.
I just told a lot of people to get out there and make their forecasts look good and get out there.
And if any of the forecasts are low and say things like that, I'm right as in on the other guy and I'm done.
I mean, the whole group's finished.
That's all to be wrong.
But at least let's try to sometimes, you know,
believe something, say something, and make a soul.
That's the whole point of this.
It's side work.
It's even the fellows who put out the GMP figures, they kept them up.
There's lots of room for manipulation.
Well, there are many areas of gentrification.
Somebody has to exercise it, they exercise it.
This little kid, Laffer, has worked up his material.
And he insisted on getting the data without a seasonal adjustment.
He wants to know what the actual data are before they measure them.
And that's one of the reasons why his results have come out different.
He starts with that data before they massage it, and he gets a somewhat different look.
And that's a very controversial thing.
But in the process, what he does is raise questions about their seasonal adjustments.
He's got the whole statistical group started.
I don't mean to sound as hard, but I have to take it one way or another.
I've done it for over many years.
So, uh, I had this great guy on fire, and he's just like, he's right, he's a tank.
He's right, he's right, he's fighting.
Yeah.
And by the way, I said that he's good, he's got, he's got, he's got, he's got, he's got, he's got, he's got, he's got, he's got, he's got, he's got, he's got,
It's one of these red flags here, that's why I'm thinking of it.
It's one of these red flags here, that's why I'm thinking of it.
It's one of these red flags here, that's why I'm thinking of it.
It's one of these red flags here, that's why I'm thinking of it.
It's one of these red flags here, that's why I'm thinking of it.
It's one of these red flags here, that's why I'm thinking of it.
Good writer.
He's really down to the center.
And he's an excellent writer.
Very clever.
He was one of the very good writers.
I know that in the news, I'm hearing so much.
Well, if you're going to be supposed to say that, I mean, it's...
I think it is.
I don't think of our policies.
What is his position?
He doesn't think the economy will move up as fast as our forecast, I believe.
That's part of what we have here is a difference of view about how fast the economy will move up.
And Milton thinks that the money supply increase on the order of four and four and a half percent is just dandy.
And I'm facing the fact that the economy will move up every day as well.
According to Lampert's model of the economy, if the supply improves that way, people move up.
He doesn't think so either.
But if you put in a 6% money supply increase, then you get a good, strong price.
And so...
It isn't so much a difference in the forecast as it is a difference about what the right policy is.
And that's sort of the actions of our dispute with her.
Did you already tell her about the CDI in your trial?
I did.
Did you already tell her about the CDI in your trial?
I did.
Did you already tell her about the CDI in your trial?
I did.
Somebody sees St. John's, I don't know how many, but there are a number of them here.
I'll mention it five times right now.
If you don't ever see the other stuff, I'll try to get it to just melt into your hands.
Go back and read Trinity Warships, Star of Econ, and the others.
And you will find those patterns can always play out.
The undisclosed St. John's.
It's the exact same thing that they call a place like the St. John's.
They always swear to the other, and then they'll have you go, can't I?
What the hell is this?
Why does that all stand?
See, and we do that about our kids for my own personal satisfaction.
I want that for each of us.
Also, can't I see?
go back and read it, and start reading about the last time they did it.
The seasonally adjustment was below the other.
And about this time, we got a push button that immediately cut it off.
And I get a little chance to go back three months to find a good, clear example where the seasonally adjustment was less than the other way around.
You see, there are two additional things here, which are both in the release, and I hope
uh, that the, uh, when they greet the press, they bring these out.
One is that this is the smallest month of the art since February 1967.
That's three years.
And, you know, just, uh, and the, but, and here's something that has nothing to do with the Russians, that the,
is unchanged now for a year to say now it was a year ago.
That, to me, it's the housewife.
We're also beginning to get now the effects of the reduction of market interest rates and the housing thing.
It's got a service, you know, that service is fast and I know there's a separate housing thing called services.
So anyway, that's a little better.
Yes, that's right.
We started all the way to Long Beach and Long Beach, and car price increased in a lot of ways.
That's critical traffic.
We still had a little effect of that last month, but that's about out of it now.
That's the end of that.
Oh yes, we would have some, because the locals were always going to get in and work.
They get their inventories up with the new cars, and they get into the selling season, and they start discounting more.
used car prices to help this last month, which whenever you find a black demand, you know, it's just, I don't feel, as they also, I think, the season goes a long way.
That's part of the discount that goes on.
On this international thing, my impression is that Peterson was really getting around.
He talked to the people who were helping.
staff and he's onto a good track with this adjustment assistance.
I think that's a, that would be a project he'll propose to this council.
Our guidance says it's a little more expensive, right?
Well, this is something that we have pushed in the administration that was in your trade bill last year.
We had assistance for the first time.
That's taken a little bit of a
In a broader way, the more imaginative ways that we have before.
And he had a lot of ideas about the advertising council and probably really trying to make an impression on people with us.
He'll be developing this, but he's really just approaching it.
He can't come to something with nothing.
And we can't just leave the gas open.
a little too many years now.
It's, I think, the right direction to be working in.
It's going to cost a lot of money.
But the goal is to be some way or the other.
So here's the general teaching.
Some way or the other, he doesn't pay for it.
And as a manager of the application center,
in the direction of encouraging acquisitions of burgers, which means that we're going to have to listen to Mitchell early in the game to take hold of that and trust the people over there and play ball.
Well, I had a very interesting conversation with Stan at Barnes about this.
Stan actually was just looking it up, and I was asking him,
He said, I had one great event.
I took an intimate, regular interest in what my situation was doing.
And was at all times able to represent my problems with the President.
He said, I very quickly input back and forth with the President.
He said, if I could see one defect in your present problem situation, it is that I'm going to the President.
And I said, alright, you know, I think you're right.
And I said, yeah.
And I said, yeah, just sort of let McLaren run that division.
And those three looked at it like, do you ever desire to be involved?
Well, McLaren is an honest coach.
I didn't call this a stand-by.
Like, you just go, you know, you start a stand-by.
I heard about it.
That's all right.
He worked with the Assembly of the President of the Republic of Hawaii.
I remember that one thing about the President.
All of them are hurting.
That's it.
I guess it's a condition that we all got to listen to.
You're very often assessing any just center of the information.
That's what I'm talking about.
That's what I'm talking about.
I mean, it's like these airlines and other things.
But one of the things, one of the things, you know, the plane, this new combo, yes, probably is going to be, I think he's going to be, I mean, all that, all over that thing on the plane, you know, the business guys will all run the company.
What are you going to do?
Some side on the line, you know,
I've always felt strongly about it.
I mean, I grew up in a period of, you know, the antitrust and all that sort of thing.
And I didn't know it was at the cross of time.
And, you know, around the world, you can see I'm treated to it.
I'm treated to it.
It's just overwhelming.
And that's why our government regarded the station as just a team.
In some instances, it's a bigger unit.
It's a better way to do the job.
How do you do?
You are here, a pre-trained doctor, a guy like I, but I didn't think you'd be close to it.
I'm pretty much the more I see of it.
Take it to your life.
I believe in you.
I believe in you.
I believe in you.
I don't think that 5,000, 10,000, and 10,000 with this administration is going to cost us.
They can tell you, they think it is, that you cannot merge with anybody and require anybody, that there are any secrets out there, and they're not sure at all.
Yeah, that's not necessarily true of the network.
You know, we come with a hell of a lot of people, and our friends, the case, and the crime is not disinclined.
I don't want to live in anything, provide our friends like a fantasy.
We didn't do anything for them.
We gave them the need to, but...
There is, there is a unit in the dry land, there's a unit in the trawl, and that's a test.
It's a test whether it's major or whether it's nuclear.
That's all.
There's a lot of things that can happen.
There's a lot of things that can happen.
It's a very bad, uh, threat in the early stages.
It's hard to say if it's ours.
It would, it doesn't make sense in terms of the competitive picture of what was happening.
And I still think, you know, George Picker was the head of the task force for you right after one of those tasks.
On the subject of antitrust, was he a competitive policy guy?
Like, he wrote a damn good report, and he felt it got completely brushed off, firing it off in a totally different direction from what he thought.
All right.
And it might be worth getting that out again, discussing it off and looking at it, because a lot of ideas are
You know, many of them are busy with some other matter at the present time.
Uh, and if this client, if he has any trouble with our mess, then we better get something.
We better get something.
I feel very strongly about it.
That's it.
Well, it has to do with this warrant.
Warrantation, of course, is critical.
And if we're gonna, if we're gonna find viable substitutes for a great deal, or for quotas, or for whatever, then we're gonna have to come to grips with it in the first instance.
Otherwise, we're not gonna be able to do it together.
Quadrant.
Quadrant of demoralization is critical.
Quadrant.
I have a question that the Department has in mind.
I think he has a... that he'll probably say that he's trying to increase the money supply and he can't because there isn't enough demand.
And then in the next breath he'll probably say that interest rates are getting down pretty low and he's hesitant to create reserves and drive interest rates down more because of the balance of payments.
And so we tend to go around in that circle.
I believe, as a technical question, although it's very hard to face our command on these things, but I believe that it's just nonsense to say that they can't create it.
They certainly can create the reserves, and that will produce an increase in the money supply on interest rates.
We have taken the big short-term outflow already.
That has mostly happened, although not completely.
And the interest rates are low only by comparison with where they've been in the last couple of years.
They're not low by a longer historical comparison.
So I think that we need to keep the pressure on the vice-files going up near like we'd like to see it, or even as I would like to see it, let alone crack it.
Uh, if I may ask, before we got there, did you have a talk with you and McCracken at the Department of Economy?
We had a, we had a regular meeting, uh, against, uh,
Just the three of us with Peterson and we'll bring Peterson in as well.
I want you to take a little time.
You can't bring this thing with us too fast.
But then you'll have another voice.
Because staying all the same way, he called.
But he was also hard for him to look at.
I'd say, are we going to assist with that?
He is worried about the balance of payments.
I think this is one of the subjects that Peterson's group should work on, is let us get ourselves a good perspective on this product.
a follow-over of the American Enterprise Institute's Graphic Rehab Alert, which is a thing that's internationally known, has put out a very good statement on this just last week, and we might make some use of that, too.
I'd like to first also raise the question of the start date.
I don't know what's, we're still waiting for much.
We are keeping our options open as we're waiting to come more and more to the view.
And from what I'm hearing, that
Uh, because the, uh, I ran into this, I hadn't initially seen anything, you know, due to the fact that I thought, well, I think John felt the same way I did.
Or I really didn't, you know.
And, uh, I just wondered if it doesn't create a great, huge, economically freeing delay again.
And then it just continued to go on.
Well, it was another possible thing that I had, and it was to have this free, and then the library people looked,
have the board and so forth.
And then you say the freeze gets continued, where we have to do something along those lines.
And then the locals start striking in spite of the freeze.
And then the labor people say, well, it's the president's problem now.
Well, I think we can come back to the David's statement possibility.
I think you're in a much better posture to do something about that.
What I can say in the statement is, as a matter of fact, it was certainly, we laid the groundwork by pointing out that the industry, and as I said, it is a second industry, but not one.
And second, that the Colorado Railroad sent $14 million worth of contracts to this industry.
Now with that in mind, I agree with you on things they are.
I just want you to understand.
And I understand.
George, you heard me, Dad.
I know how things are going to be.
I think those constructions, those trains, those guys, I'm going to force them in now.
It's the fact that there's too much time.
We work on it a lot, you know, a few days.
So, they're bound, they're bound to return to three-factor dimension.
But the data space is a huge temple to an awful lot of people.
Now, I know the argument is that I understand folks like Beckel and the rest don't want data space.
Is that correct?
For example, here's Beckel's problem.
He operates a sector of the industry that's completely immunized, and he is
He is at the mercy of the building trade union.
So whether he would like the Davis-Bacon Act repealed or not, he will not utter a word about it.
He doesn't want to be anywhere near the Senate.
He doesn't make sentences of government.
Alright, we have a...
He has accepted the Productivity Commission that's been made.
Yeah.
We have another problem, of course, uh, the argument by, by, and I try to understand, not only Hodgson, but Colson, working with our other previous guys to find out how to deal with these guys.
Well, we had a pretty good fight with them on the Philadelphia plan, and after we got through
They had more respect for us than when we started.
They went to Hudson.
There was a big dispute about the accrediting of rules.
I see that they have.
And when I was secretary, we were about to put out a change, and it happened, and it wasn't possible to do it before I left the job.
So Jim has been nursing that law ever since.
And when this wage price business came up, the construction union people went to him and they said, look, you put aside these predatory changes so we can continue our discriminatory policies, in effect.
And, uh, if you want us to play ball out of this.
And Jim to his credit said that I won't make that kind of appeal that you can't even put them out.
And that may be part of the problem here.
But they have this coming to them.
Yeah.
And there is a number of signs over about our old friends and the way we moved.
If we had friends.
Well, there they, the...
Just what is going on, I don't know.
But they're playing a very tricky game here.
Humphrey goes down and he puts out these statements.
He puts out public statements on the freeze and so on.
Whether they're going to play a string game with us or not, I think is a real question.
I don't see why.
Well, yeah, well, we played a straight game with them, all right, but I don't think, it seems to me, there's no reason to get you in a position where you get mass-tracked on.
Is that your comment?
No, it's kind of like my daughter who says, I think that's done, but frankly, what's right?
Well, now, they were saying this.
I know.
But I don't think you said it in a political way.
Yes, it'll have a, I think, a very healthy effect over a long period of time.
It's all right.
It's a benefit to legislation.
It's a benefit to legislation.
I think that's the thing.
I think it's, I don't know how hard I'd like to start.
But the point is that I think that we need to do this again.
If they take us through around here, they don't come up with them.
We pray.
And they say, well, we withdraw from the Productivity Council.
And they might withdraw.
Well, if they do that, so they withdraw.
We go ahead and work with them.
Well, labor is getting itself in positions.
It does that with other statements it makes of being in the fashion of the status quo.
There again, so it changes.
Well, yeah, when I was talking about the state of the sun, gravity, gravity, and all that sort of thing, my God, I mean, I, I think it's a very good line, John, I think it's about a year or so, a year, and I said, you know, so I said, the establishment is all against change.
I said, labor's against change, agriculture's against change, this is against change.
That's the way to push people along this journey.
You agree?
Sure.
Sure.
I really don't get it.
Most people just don't like the damage.
Very respectful.
I'll tell you, there's one thing about what you're teaching me is awfully important in this thing.
I don't feel like they've mistaken or anything else in the construction industry.
It's very difficult for the average citizen to do what we do, to buy groceries, to understand why an increase in wages in the construction industry affects his cost of living.
He's not buying a house this week.
He hasn't bought a house for a long time.
He's not planning to do it.
Why don't we put it in terms of this?
We've got one way that we can put it.
You can't say it's this.
We're talking about $14 billion worth of government contracts.
From $74 to $76,000 a year.
Why?
Because of the increased cost of it.
And of course, higher wages.
I can have something to go with that.
Now, what I'm encouraging is taking the local government to follow our example.
Yeah, it'll be right for the government.
It'll be right for the government.
It'll be right for the government.
My God, I think it's a very good line, John.
I picked it up out of your advice as a professor.
Notice I said that the establishment is all against change.
I said later it's against change.
I don't know if it's against change.
This is against change.
That's the way to cook it.
People love this job.
Do you agree with me?
Sure.
Sure.
I really don't get it.
Most people just don't like it.
They understand it.
It's very unrespectful.
I'll tell you, there is one thing I hope you wouldn't teach me, and it's awfully important in this thing, if you'll be mistaken or anything else in the construction industry.
It's very difficult for the average citizen, you know what I mean, to buy groceries, to understand why
by the increase of wages in the construction industry, affects his cost of living.
He's not buying a house this week.
He hasn't bought a house for a long time.
He's not planning to do it.
Why don't we put it in terms of this?
We've got one way that we can put it.
You can't say it's this.
We're talking about $14 billion worth of government contracts.
74 to 76 50 dollars a year.
Why?
Because we can't create the cost of it
Now, right around 13, you're taking it low, there, to follow our attack.
Yeah, then you're right in front of us, and you're right in front of us, and you're right in front of us, and you're right in front of us, and you're right in front of us.
construction, you know.
But it's truly true.
It's just horrible.
The time it would cost John.
Ask him.
Ask him.
We'll have him come see me and find out.
I'm just looking at it as well.
We have $14 billion worth of construction money going out.
And we want to see it go for additional jobs.
I don't know what it is for the guy to pick on me.
I don't know if I'm taking the job that has a high, you know, that has too rich a diet or whatever you want to call it.
And this is with regard to CPI.
The president calls it wicked NLS.
They put it out of the DLS.
We say that he's going to have to have a call from Crankman.
Or, uh, the last time he was tested, so the apostate came over on the unemployment figures, uh, making a statement here to, uh, stress-free, well, let's have some fighting.
Let's get him in here.
Here's what I'd like to have done.
I don't want it done the normal way.
I would like to have it done, if I may say, on this one.
But if the walkout, say, challenge,
These are the two significant facts about this, these months figures.
One, it is the lowest, it is the lowest in three years.
Say that, one.
And second, it is food prices have not risen for the last 12 months.
This is encouraging the inquiry that we have heard.
the drivers, the cost of living, the street injection, that our colleges are working.
Just say those three things, Karen, if you want.
I'll say it on TV.
I don't mind.
They're gonna go out.
Next one, when he goes out this way,
First of all, thank you for answering your questions.
I want to go out there and do it.
But if one man should ask a question, let's just say it wasn't nice enough.
Let's just say it.
Say goodbye.
It's not easy.
Yeah.
And I have questions over here at all.
Well, I thought that you could have asked me because...
Right.
Well, there's that.
There's that.
There's that.
That's it, right?
That's it.
That's one thing.
That's right.
Go ahead.
This is the lowest, went up one tenth of one percent.
That is the lowest in three years.
I think that's an exception.
We have some
And while we did what he was saying, we have, uh, he said there's a lot of room for improvement.
Uh, but, uh, let's put it this way, he was saying, uh, we have a much better industry than the way he does.
That's, that's, that's accurate.
That is the way to solve it.
It's accurate.
We have, I think he just ought to go out and say that he, uh, we have some, uh, currently figures, I mean, it's a currently question, currently figures in regard to the consumer price attention.
One, it's going down.
Two, it's the lowest increase in three years.
Two, food prices have been
This is none of this is an indication that in spite of the fact we will have, and as we always have, the goals of these figures, the trend is downward.
We are, our policies curbing the rise in the cost of living are working.
Put those three things up, haul them, get this over to, get this to that, get it to that 100% relief.
They don't have to put in some goddamn cute words here.
Just like that.
One, two, three.
They'll be saying, get it down to the hill.
Get it over.
There's so few clouds down there.
Send it around.
Here's one of the places where it's greater.
Somebody uses a little mountain and flashes it around to the hill.
Some of them continue to use it.
There you go.
We all know that it's, that the dangers are well and good.
This is a technological situation.
If we haven't any confidence at all in what we've been doing, then we've got to arrive at the area that it's in this.
And that also helps.
It helps people in terms of buying things.
We talk about why don't people buy things when they think prices are too high.
They're going up, but they think they're being checked.
So you've got this puncture.
If you've got a puncture in the back box, you don't do it enough.
Well, why do you think I should do it?
I thought this got damaged.
You've got to throw a gun on it.
I guess not, no.
This is something that's true.
I don't think it's, uh...
I heard it then, but I agree.
I'd like to have it any day of the year.
I'd like to have it any day of the year.
I'd like to have it any day of the year.
I'd like to have it any day of the year.
That's right.
That's just a whole lot of time that you have to put into that fire.
Where do you want us to be?
Why can't you just say, well, I know where the CGI is going to be tomorrow.
I can't tell you if it's going to load or not.
You'll get a leak down there.
I could have an economic advisor.
There's a good figure of a CGI in front of me tomorrow.
How about you strong enough to make it?
What's the matter with that?
You got a problem?
What's the problem?
No, the problem is that they weren't on the case.
Alright, then they blew up.
Then they blew up, certainly, and then they hit you.
Yeah, yeah, yeah.
Alright, we won't do that.
Let's not expect that.
No, no, no.
Let me say this.
Uh, well, we, they, they're trying to, you know, our prescription, don't use the couch every day to eat more often.
And that kind of, I believe, is used against us for the rest of the week.
And you got to change the order.
Don't give it out.
There's encouraging that you have a CPI coming up.
There's that twist.
The main thing is, please, this time, get off our three points.
For God's sakes, I don't want to get with the Washington Star tomorrow and see it all twisted around so that you can hardly recognize it.
I'm going to do the, just three, that's all.
One, two, three, four.
Don't give them too much.
Most people are going to have to re-monitor it.
They're just going to put it out at the start of the day.
That's what we were going to try something different.
Well, it was this idea of just laying the release on the table and walking away.
Why not?
I think these guys are kind of horrible guys.
They're just not going to sell these plans.
Yeah.
Well, I have tried to work it with more than a few of my partners.
We have to re-election inside these points, and I said to him, I said, you've got some good news here, and I'll tell you it wouldn't do the BLS any harm.
I said, not right, I said, you've managed to run it out that way.
I said, I don't mean that.
I said, you've got that message for all your people, so...
How did I get here?
This is a surprise, but also a really good one.
You're going to be sitting here for a hundred and a few minutes.
I'm going to ask you to support me.
Can we ask you to co-sponsor?
I don't see how you can say that.
I don't vote.
Say that again.
Yes, and one guy is saying that he and his agency all work on the very surface of the bottom.
Do you think that he's concerned?
Yes, sir.
All those signals said that way, and he told me that he would help us with two hundred and seventy degrees.
Hopefully, he'll help me with that.
And one of the problems with that is that he said it to a number of people, and he did.
I think that if you're going to ask him that way, then by and large, he's bound to be having
... ... ... ... ... ... ... ... ... ...
Very highly regarded, because if you want him to be level hockey as fast, he has emerged as the biggest across the board.
He's the first player that did it for a long time.
And he did it for a long time.
For some, it's hard to beat.
For me, it's so hard.
I was telling you that.
I was telling you this all the rest of the years.
at the University of San Diego, and he's the top candidate to try to get his golf bench up and get his golf mechanic.
He said, well, we hear you, man.
He's here for NASA.
I got to get it.
I got to get it.
I got to get it.
I got to get it.
I got to get it.
Now, if you want to have anybody to, I don't know, we've been trying to program it off, as you are, but this first meeting, I think you should.
This is going to be the first meeting in the program, and as you say, apparently it's been seconded.
And I think you might have some issues.
What you ought to do though is, if I do think of it, you ought to talk to me a little bit fast.
I know that you and I have had a chat.
It's awkward to be quiet.
I might send a message, but I feel very comfortable on both of your streets.
I think it's the only thing that's going to save it.
And you always hear that it's going to break the economy.
It never has.
And it is going to now.
But it's got to get us to it.
It's got to get us to all these other people.
So our economy grows here as much as the whole Italian economy is almost.
And all of us, you know, in the European, we can go over and just, just, just.
Go out of our minds, you know, to send a call back to New York to be able to send a call back just for us.
Now, I think we really have much to do.
We're going to be turning back.
We're going to be turning back.
We're going to be turning back.
We're going to be turning back.
We've had a real breakdown in the cities, counties, and states coming back.
Yes, sir.
I'm all for it.
I'm for it.
I don't know.
And so, you know, George, as Ronald hears this, that the sky is bad, and that the sun is totally proof that Johnny's not going to get in there and give a bad rap to Cole.
You know, I had it going with you.
You were getting told when you were on there.
You are here now.
But then we find out that the whole, that there's a lot of episodes of Christmas.
His own, like I said, he was already kind of a father, father, father.
But it's just the longest term, it's just the hustling of about two-thirds of those people out of our community.
It's just, it's, you know, we didn't do it, but a lot of pretty good men and a lot of girls.
That's what you want to have.
Well, we're going to take a lot of this together this week.
We're trying to, we're trying to eliminate this virus.
You see, you see, you see, you see, you see, you see, you see, you see, you see, you see, you see, you see, you see.
I talked with Mary in Los Angeles.
I've got a 400,000% in y'all.
Actually, why don't you call and give me your two biggest states of the city, the biggest counties in the Gulf.
Because I don't know if somebody needs to ask me.
Yeah, well, see, now, I don't know.
That's the theory that he was a friend of mine.
He's been in the county, in the county, in L.A. County, and he dwarves the rest.
And I think there's none of this kind of thing.
That's correct.
He keeps his friends' voices on for it already.
But we got him all the way from Stokes to Luther.
And we get the whole thing.
But each one of these guys, Jeffy, and Jim, I believe, is the one that
He's working hard on that.
And he's also working on the citizen organization.
We're going to launch a good, fine part of the citizen organization next week.
I'll put my name on that.
I'm trying to keep it strictly away from the administration.
The plan should be enormously mobile with the economic system in control of that, but it will work very well.
We've got to get a hold of this.
You know, this is a big thing to do.
And, uh, this thing on the hill, think of it.
We just need to sell that, too.
No.
We don't need to go to the hill.
We don't need to go to the hill.
We've got it all, but it isn't just that.
We've got to sell the environment.
We've got to sell the environment.
It was getting so over the earth.
I mean, it's basically a delay, I mean.
But, you know, we've come down to it.
We've got a lot to talk about.
And don't you just lose it, ain't you?
No, I'm trying.
I'm trying.
It's hard.
I'm trying to take advantage of it.
Let's get some of our people to say something.
Get somebody to laugh.
And that's nothing else.
And blast people.
You know, you've got to encourage something.
He's great.
He's great.
And, uh, Barbara McConnell, John Anderson, and the House are, are, are flying away.
We're getting a good floor action.
And it's gonna get a reasonable amount of copy-up.
But things like, uh, listing, unions, things of this kind aren't making it to the target.
We don't have anything to lose, and they're very tough for us as a country.
What in the devil is listing, you guys support?
I don't think we have enough.
That's just because we're a poor church.
He's trying to figure out his own position on it.
What's he want?
You know, he could give us more money.
He wants $10,000, but he also wants more money in other categorical programs.
And he says, you know, we don't have our own business, but he's using all the technical stuff.
Since we don't know our own, you know.
He went on Wednesday or something.
He said the last, the last that he gave us was, well, he's going to examine categorical programs and see if the president's pledged that he'll take any turn changing the cities.
And the city's not standing toward this whole thing, and I'm sure they're talking about $5,000 for general revenue steering, but they're taking $5,000 off the other end, and their heart's not in this thing, and they're really not important to someone.
But I'm not sure.
No.
No, I'm not sure.
I don't think it's specifically true.
Well, first, in New York City, we've had 10,000,000,000,000,000,000.
We're working on that as fast as we can go.
We're working on that as fast as we can go.
Please ring number of K-9 this morning and please call the National Performance Council for that help.
Yes.
That's right.
That's right.
Well, we're going to break this down.
The other thing, of course, is that if you're going to seek for these brackets, I mean, here is a double-handed conversion.
If you get a thread, it'll be there again.
And then Tom comes off, I can't trust you on that.
And then that, that, uh, downer yard is eight.
He's going to talk about downer yard is eight.
He's going to talk about it all day.
By the time he gets through, he's lost.
And then the guy turns to the back guys.
And like a cell in a tool, you already got the beverage.
And it's better, but it's better out there getting black, son.
Now, he's out with O.D.I.
getting fired off.
There's some, too.
Yes, as you realize, he's got it.
He hasn't been in the law in a long time.
I've talked to him.
And I told him, he's got it.
He's got it.
He's got it.
He's got it.
He's got it.
He's got it.
Also recorded on February 18, 1971
451-014 3:32 PM · 9 sec — President Richard M. Nixon and the White House operator met in the Oval Office of the White House at 3:32 pm.
451-015 3:32 PM · 6 min — President Richard M. Nixon, Mark I. Goode, and George P. Shultz met in the Oval Office of the White House from 3:32 pm to 3:40 pm.
451-016 3:40 PM · 23 sec — United States Secret Service agents met in the Oval Office of the White House at an unknown time between 3:40 pm and 3:52 pm.
451-017 3:40 PM · 40 sec — unknown person(s) met in the Oval Office of the White House at an unknown time between 3:40 pm and 3:52 pm.
451-018 3:52 PM · 5 min — President Richard M. Nixon and Mark I. Goode met in the Oval Office of the White House from 3:52 pm to 3:55 pm.
451-020 5:10 PM · 34 sec — President Richard M. Nixon and Alexander P. Butterfield met in the Oval Office of the White House from 5:10 pm to 5:14 pm.
451-021 5:14 PM · 3 min — President Richard M. Nixon met in the Oval Office of the White House at an unknown time between 5:14 pm and 5:25 pm.
451-022 5:14 PM · 35 sec — President Richard M. Nixon and Stephen B. Bull met in the Oval Office of the White House at an unknown time between 5:14 pm and 5:25 pm.
Conversation 451-019, February 18, 1971. White House Tapes, Richard Nixon Presidential Library and Museum, National Archives. Audio and AI transcript via Easy Nixon, https://www.easynixon.org/tapes/451-019 (accessed November 2, 2026).