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-Took restrictive monetary action because of inflation
-Increased interest rates
-tightening money supply
-Cut expenditure programs
-Johnson had much success with his proposals in Congress because of a mostly democratic Congress
-Inflation continued to increase throughout the time Johnson was in office
-At the end of his term the inflation rate was 5%
-Initiated War on Poverty programs
-The Great Society Programs
-Increased taxes
-Increased social programs
and spending
-Inflation as a result of the Vietnam War
-Poverty
-High Unemployment
-Slow Economy
-Rising medical care costs
-Kennedyesque
-Increase Education
-Positive,ambitious government
-Increase social expenditures
-When they were in an inflationary gap the Fed increased interest rates and tightened the money supply
-The government increased taxes as a result of the inflation