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Kennedy's Ethical Decision

148 Words1 Pages
The speech that President John F. Kennedy delivered on April 11, 1962 had a purpose of addressing the steel companies’ decision to raise their prices. At the given time in history, the United States was dealing with foreign affairs on Berlin and Vietnam that took had an immense economic toll on the country. During this time, the president requested that businesses kept their prices and wages stable in order to prevent a rise in the nation’s expenses. The steel companies were seen as highly inconsiderate and the president didn’t believe their actions to be justifiable. The irrational decision would have caused the United States’ costs to escalate quickly. Months later in July, it was decided that businesses had the right to make decisions
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