US Steel, March 31, 1962: renegotiates its contract with the Steel Workers' Union, promises not to raise prices. JFK, March 31: great! US Steel, April 10: we’re going to raise prices, actually JFK, April 11: 😡 US Steel, April 13: promises not to raise prices, sorry about that As president, JFK was concerned about inflation - which he thought this price hike would trigger. He opened his April 11, 1962 press conference with criticism for steel industry executives, and used other forms of politica
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JFK became first president to hold live TV news conferences on this day in 1961. Watched by an estimated 65 million people, he discussed his first Executive Order, nuclear disarmament, and Cuba. He would go on to conduct 64 press conferences during his presidency, an average of one every 16 days! Watch the full news conference: https://www.youtube.com/watch?v=lFde6u-OPj8 | JFK Library Foundation
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US Steel, March 31, 1962: renegotiates its contract with the Steel Workers' Union, promises not to raise prices. JFK, March 31: great! US Steel, April 10: we’re going to raise prices, actually JFK, April 11: 😡 US Steel, April 13: promises not to raise prices, sorry about that As president, JFK was concerned about inflation - which he thought this price hike would trigger. He opened his April 11, 1962 press conference with criticism for steel industry executives, and used other forms of politica
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