Pres. Carter's State of the Union speeches: on Budget & Economy

We are winning against unemployment; now focus on inflation

Inflation is a burden for all Americans, but it's a disaster for the poor, the sick, and the old.

I outlined a balanced anti-inflation program that couples responsible government restraint with responsible wage and price restraint. It's based upon my knowledge that there is a more powerful force than government compulsion--the force created by the cooperative efforts of millions of Americans working toward a common goal. Business and labor have been increasingly supportive. It's imperative that we in government do our part. We must stop excessive government growth, and we must control government spending habits.