§1022b Presentation of Analysis Respecting Short-term and Medium-term Goals in Economic Report of President; Mutually Reinforcing Means

Summary

The Economic Report must include an analysis to help set short- and medium-term goals for jobs, production, real income, and prices. It must explain how to divide total production among private investment, consumer spending, and public spending—taking into account income flows and other factors—to promote balanced growth, a balanced Federal budget, and fewer economic ups and downs under the Full Employment and Balanced Growth Act of 1978. When choosing ways to cut unemployment and keep prices reasonably stable, use methods that support each other whenever practical.