Existing comment:
[Flag with dollar sign]
By illustrating a waving flag with a dollar sign above the United States flag, Herblock showed that he agreed with President John F. Kennedy—an increase in the price of steel in 1962 would put business profits ahead of the American people’s need for national security and a stable economy. President Kennedy actively influenced the steel industry by participating in a noninflationary wage agreement between union workers and management, and also pressured the steel industry into rescinding a price increase.
[Flag with dollar sign flies above the United States flag at a steel factory]. Published in the Washington Post, April 12, 1962. |