US Presidency
1959

However, certain additional measures are needed. I shall ask Congress to amend the Employment Act of 1946 to make it clear that Government intends to use all appropriate means to protect the buying power of the dollar. I am establishing a continuing Cabinet group on Price Stability for Economic Growth to study governmental and private policies affecting costs, prices, and economic growth. It will strive also to build a better public understanding of the conditions necessary for maintaining growth and price stability. Studies are being undertaken to improve our information on prices, wages, and productivity. I believe all citizens in all walks of life will support this program of action to accelerate economic growth and promote price stability. I take up next certain aspects of our international situation and our programs to strengthen it. America's security can be assured only within a world community of strong, stable, independent nations, in which the concepts of freedom, justice and human dignity can flourish. There can be no such thing as Fortress America.