Monday, Mar. 05, 1973

Let Them Eat Cheese

President Nixon recently rose from an elegant dinner of pompano at a restaurant in Coral Gables, Fla., paused next to a customer who was deliberating over various expensive meats on the menu, and advised: "It's patriotic to eat fish." A few days later, Federal Reserve Chairman Arthur Burns amplified on the Nixonian diet. "I think it would be a good idea," declared Burns, "if we had a meatless day once a week." His suggestion: buy more cheese.

Even at the height of the Viet Nam involvement, President Johnson held to his guns-and-butter policy. Now, partly because of the inflation that resulted, the present Administration seems to be suggesting a far more austere fiscal policy: peace and margarine.

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