John B. Connally's Speech on Inflation and Economic Policy at the Economic Club of Detroit, 1979-05-08

John B. Connally, a Republican Presidential Candidate, spoke to the Economic Club of Detroit about the grave challenge of inflation facing the country. He emphasized the need for non-partisan economic policies to combat inflation, which he believes is caused by runaway politics and excessive government spending. Connally also discussed the role of the Federal Reserve in controlling the money supply and the need to eliminate deficit financing to stop inflation. He called for a new, honest American politics to address the changing economic landscape.