Ford United States President Gerald R. Ford holds a press conference in the Rose Garden at the White House in Washington, D.C. on October 9, 1974. The President said he did not think the country was in a depression and that inflation would be reduced in 1975. He also said his proposed 5% tax would not extend beyond 1975. Ford is wearing a red button with the letters "WIN" on his lapel. "WIN" stands for "Whip Inflation Now".
Credit: Barry Soorenko - CNP