April 22, 2024

JFK vs U.S. Steel (audio clip)

JFK vs U.S. Steel (audio clip)

Audio of the April 11, 1962 press conference in which President John F. Kennedy directly took on the executives of U.S. Steel for what he believed were unfair and undeserved price increases, which JFK felt would be inflationary and harmful to American...

Attached is a link to the audio of the April 11, 1962 press conference in which President John F. Kennedy directly took on the executives of U.S. Steel for what he believed were unfair and undeserved price increases, which JFK felt would be inflationary and harmful to American consumers and national defense interests. Kennedy ultimately won the showdown when the company announced it was reversing the previously announced price hikes. This is offered here as a companion piece to More Perfect Union Podcast Episode 381, in which we talk about the event.

https://www.jfklibrary.org/asset-viewer/archives/jfkwha-086