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Image courtesy of the Lyndon Baines Johnson Library and Museum.
Image courtesy of the Lyndon Baines Johnson Library and Museum.
News Item! 'Must Walk Tightrope in '67...
Image courtesy of the Lyndon Baines Johnson Library and Museum.
Image courtesy of the Lyndon Baines Johnson Library and Museum.

News Item! 'Must Walk Tightrope in '67...

Artifact ID1988.16.6
Object Type Cartoon Drawing
Date 1966
Medium Ink and grease pencil on drawing paper
DimensionsOverall H 9 3/4 in x W 13 1/2 in (24.8 cm x 34.3 cm )
Physical Description
Physical DescriptionOriginal cartoon drawing. LBJ walks across a tightrope while balancing ("Great Society”, “Vietnam”, and “The Budget"). A dog ("Taxpayer") is balancing dollars as he follows behind. Caption: “News Item! 'Must Walk Tightrope in '67 to Assure Progress --LBJ'”. Artist signature lower left: "Jake Day”.
Historical NoteWhen Lyndon B. Johnson signed the 1964 Revenue Act that decreased income taxes and refused to raise taxes, spending by consumers and businesses increased. Along with government spending from the Vietnam War and Great Society, all of this increase of demand led to inflation. To slow down the economy and prevent further inflation, either spending had to be cut or taxes had to be raised.
Additional Details
Custodial History NoteThis item was a gift to the Lyndon Baines Johnson Library and Museum.
Credit LineGift of Mrs. Martha B. Werler
National Archives Catalog CollectionLyndon B. Johnson Library Museum Collection (National Archives Identifier 192413)
National Archives Catalog SeriesGifts to the LBJ Library (National Archives Identifier 189698391)
Use Restriction StatusRestricted - Fully
Use Restriction NoteCopyright or other proprietary rights are held by individuals or entities other than the LBJ Presidential Library and Museum. The LBJ Presidential Library and Museum does not warrant that the use of materials will not infringe on the rights of third parties holding the rights to these works, or make any representations or warranties with respect to the application or terms of any international agreement, treaty, or protections that may apply. It is your responsibility to determine and satisfy any copyright or other use restrictions. Pertinent regulations can be found at 36 C.F.R 1254.62.
Person Referenced Lyndon Baines Johnson (United States, 1908 - 1973)
In Collection(s)
Not on view
Place of Publication
Portland
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