General Hugh Johnson speaks

Hugh Johnson, known for his NRA involvement, discusses the need to prevent starvation in the country by maintaining the credit of the United States. He highlights the challenges posed by recent deficits and the lack of new tax sources, emphasizing the importance of addressing these economic issues.

Who is Hugh Johnson associated with?

• The World Bank

• The United Nations

• The NRA

• The Federal Reserve

What is crucial to prevent starvation in the country?

• Reducing population growth

• Maintaining the credit of the United States

• Expanding agricultural land

• Increasing food imports

What is a major challenge mentioned in maintaining the country's credit?

• Increasing unemployment rates

• Decreasing foreign investments

• Tremendous deficits of recent years

• Rising inflation rates

What is the state of tax revenue according to the transcript?

• It is expected to rise next year

• It is increasing steadily

• It is sufficient for current needs

• There are no more taxes to be had

What does the phrase 'The turn up is dry' imply in the context of the transcript?

• There is an abundance of resources

• The weather is affecting agriculture

• The economy is flourishing

• There is a lack of new tax sources