ISSUES AND PROBLEMS OF IMMEDIATE CONCERN



have the job of opening up society, developing the individual, and
making him a part of the total society.

No one questions but what we will have, for a time, numerous
continuing issues in the pollution area. It raises a whole series of
issues and not just one broad issue. In agriculture we have the water
pollution issue involving livestock, fertilizer, and herbicides. We have
the issues of insecticides, antibiotics, and odors from livestock. The
disposal of solid wastes is now an issue in most areas.

The issue of price StabiHty versus fuller employment will reach
critical proportions at various periods in the next decade. Issues of
how best to increase employment and how to check inflation will con-
tinue to rise. In my judgment, more than 5 percent unemployment or
more than 5 percent inflation are unacceptable conditions in our
society.

At best, we will likely be in a period of uneasy peace in the world
during the decade. Issues concerning our stance in the world and the
extent of our commitments abroad will arise. This will involve the
amount and placement of our military and economic aid and commit-
ments.

At the state level, the problem of shifting more of the tax burden
from real estate to sales and income will continue to be an issue in
many states. It will involve such questions as what should be the tax
structure and the tax expenditures. The issue of the federal-state rela-
tionship in the tax field will be a continuing one. How far should we
go in collecting taxes at the national level and refunding them to the
states, and what restraints should we put on the expenditures?

SUMMARY

Thus, some of the issues which we will be facing in the seventies
are farm programs, land use, bargaining power and pricing, interna-
tional trade, development programs for the disadvantaged, population
control and location, pollution, price stability, and taxation. Others
will arise that cannot be predicted at this time; however, if we get
ready for these, we will be in a position to take care of the new ones
as they come.

48



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