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...sympathy and good will he can bank as the bad news accumulates over the coming months. Last week it was announced that industrial production had fallen a dismaying 3.6% in January, the sharpest monthly drop since the Depression year of 1937. George Meany, the redoubtable president of the AFL-CIO, declared, "We're past the recession stage; we're going into a depression." He predicted that unemployment would hit 10% by summer, and that was not far from the estimates of some economists (see ECONOMY & BUSINESS). Teamsters President Frank Fitzsimmons, who supported the G.O.P. in 1972, gave...
...AFL-CIO President George Meany called yesterday for a $30-billion tax cut, saying be $20-billion program gaining ground in Congress will not be enough to turn the economy around...
...Israel's heightened anxieties for the future and its declining support in many quarters. Much of his national campaign funding thus far has come from Jewish contributions. But Jackson's appeal to another traditional constituency, organized labor, has slipped somewhat. He had earlier appeared to be the AFL-CIO'S first choice for the nomination. Lately, however, associates have reported that the AFL-CIO'S George Meany has been increasingly unhappy with Jackson, first for visiting China in 1974 and then for backing the trade bill in the first place, which Meany considered a threat...
...AFL-CIO called for a total ban on oil imports from the Arab nations, as well as quotas on other foreign oil. Instead of deregulating the price of domestic oil and gas, as Ford has proposed, the union leaders asked for a program of oil allocation and gasoline rationing. They called for a tax cut of $20 billion, in the form of reduced withholding taxes for middle-and lower-income families. Interest rates, they insisted, should be reduced to 6% or 7% and credit allocated to housing and other "high priority social and economic activities." They wanted a massive federal...
...nationwide rationing program "within 60 days." (Ford announced that he would veto that or any other rationing bill.) But support for rationing is probably strongest among lower-income citizens who worry most about the pocketbook impact of Ford's plan. Rationing was a key part of the AFL-CIO alternative to the Ford program presented by George Meany last week, and it will surely figure prominently in the debate over energy policy in the weeks ahead...