FDR Addresses Nation, National Economic Policy Pt 1

The transcript outlines a seven-point economic program presented to the U.S. Congress aimed at maintaining low living costs. Key measures include increasing taxes, regulating profits, fixing prices and rents, stabilizing wages and farm prices, investing in war bonds, rationing scarce commodities, and discouraging installment buying. The program is expected to affect all U.S. citizens, either directly or indirectly.

Explain the significance of stabilizing wages and farm prices in the proposed program.

How will the proposed economic measures affect individuals in the United States?