Word: businessmen
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Dates: during 1970-1979
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Conventional histories of the late nineteenth century generally miss one man who helped bring about changes in American society far more lasting than those wrought by any politicians or businessmen. The histories tend to name men like President Grover Cleveland, Populist presidential candidate William Jennings Bryan and financier J. P. Morgan as the most influential...
...stock market bust? One reason is widespread fears about next year. Businessmen and economists interviewed by TIME last week generally agreed that real G.N.P. will slow to a growth rate of about 4.3% in 1978, unemployment will remain stuck at about 7%, and inflation will increase to something over 6%. More important, almost all of them fear that the economy will run into an air pocket during the second half of next year-just about the time the impact of the new energy and Social Security taxes starts to be felt. Says Albert Cox, president of Merrill Lynch Economics: "Economic...
Most worrisome of all, though, is Carter's continuing failure to set a strong direction on economic policy. "We're adrift," complains Wisconsin Democrat Henry Reuss, chairman of the House Banking Committee. "Carter will never win businessmen's confidence by saying that he wants to be loved. What businessmen respect, rightly, is mastery...
Some hands in Washington suspect that Burns has encouraged the argument with the White House to rally businessmen behind him, thereby improving his chances for reappointment, or at least making it more likely that his successor will not be too liberal. Administration aides say Carter has not even begun to consider whether to keep Burns. That is January's decision, they say, not November's. But postponement of a decision on Burns, just like the delay on the tax package, unsettles the business community and adds to the forces that are lessening chances for a robust economy...
...lack of discipline, vandalism, tardiness and drug use. In Florida's Dade County (Miami), school officials trying to cut double-digit truancy rates in low-income areas have been experimenting?rather successfully?with luring kids to class with free hamburgers, Frisbees, T shirts and yo-yos donated by local businessmen. After a decade of stormy debate, there is no consensus about how schools can right the wrongs. Conservative back to basics" forces rail that '60s innovations have left schools flaccid. They demand a return to a three-Rs curriculum and call for "minimal competency" testing, to make sure that high...