the rate of increase of inflation is decreasing
Richard Nixon Connected to the Carolinas
Source
Often attributed to Nixon, this is a slight misquote of a second-hand account of what he said. "In the fall of 1972 President Nixon announced that the rate of increase of inflation was decreasing. This was the first time a sitting president used the third derivative to advance his case for reelection." Hugo Rossi:" Mathematics Is an Edifice, Not a Toolbox". Notices of the American Mathematical Society, 1996. Vol 43, No 10, pg 1108.
- year
- 1972
misattributed
Cite this record
“the rate of increase of inflation is decreasing” Richard Nixon. Carolina Quotes, record CQ-FA682F4488. https://carolinaquotes.com/quote/fa682f4488
More from Richard Nixon
If I could paraphrase Winston Churchill, I cannot tell you tonight that in finding a solution to the problem of peace abroad and peace at home, and restoration of respect for law, and stopping inflation, that we had reached the point where we could say that it was the beginning of the end of those problems, but I can say that we have reached the point that it is the end of the beginning. We have had the opportunity--an opportunity that we think we have used well--to get control of this Government, of the vast administrative machinery; to develop the plans and the programs over these past 3½ months which will enable us to make progress on these issues.
Sixteen years have passed since the Chief Justice assumed his present position. These 16 years, without doubt, will be described by historians as years of greater change in America than any in our history. And that brings us to think of the mystery of government in this country, and for that matter in the world, the secret of how government can survive for free men. And we think of the terms "change" and "continuity." Change without continuity can be anarchy. Change with continuity can mean progress. And continuity without change can mean no progress.
I recognize that this additional material I am now furnishing may further damage my case.