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" Greenspan said that Nixon should declare that, rather than allow inflationary forces to be unleashed, he would back “a tax increase as the lesser of two evils.” How could we square cutting the budget with our programs for the Negro? I reported Alan as stating “flatly that the Negro problem is not an economic problem and it is dangerous to think of its solution in financial terms. "

Patrick J. Buchanan , The Greatest Comeback: How Richard Nixon Rose from Defeat to Create the New Majority


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Patrick J. Buchanan quote : Greenspan said that Nixon should declare that, rather than allow inflationary forces to be unleashed, he would back “a tax increase as the lesser of two evils.” How could we square cutting the budget with our programs for the Negro? I reported Alan as stating “flatly that the Negro problem is not an economic problem and it is dangerous to think of its solution in financial terms.