Word: detroits
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Dates: during 1970-1979
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...Financing all this will be hard because recession hit Turin heavily. Today unemployment is up 25% from a year ago and is still rising as further cutbacks loom. Transportation will be especially difficult. The mayor wants to give streetcars and buses priority over automobiles, a heretical idea in the Detroit of Italy-Fiat is by far the city's dominant employer. Even Novelli admits that "in Turin, the automobile is like a pagan...
Busting Budgets. The unions have won spectacular wage gains in recent years. Among the higher top-base annual salaries, which are reached after varying years of service and without promotion: $18,000 for firemen and policemen in Chicago, $16,681 for teachers in Detroit with only a bachelor's degree, and $15,731 for sanitation men in New York. Naturally, people who earn promotions get more than that. Unions have also won pensions that range from generous to excessive and threaten to bust many a budget in the future. In New York, for example, sanitation men hired since...
...Detroit already has laid off 2,000 of its employees and may have to dismiss hundreds more to erase a $17.6 million deficit. When the city asked 8,000 workers to forgo paid vacations and sick leave as an economy measure, said a shop steward, "We told them to shove...
Tough Decisions. Townsend's decision to retire even as a director on Oct. 1 caught the industry by surprise. At a Detroit press conference he rejected any suggestion that creditors or directors had hastened his departure. Later he expounded to TIME Correspondent Edward J. Boyer on the pressures of "14 stress-filled years" at the top: "I can't remember a day or week when I wasn't making decisions that would have an impact on this entire company. I never remember a period of relaxation when I wasn't concerned with some element of business...
...fourth in homers and number two in batting average, behind Rod Carew--which is like running second to Hermes. He handles centerfield like a fish in water and he runs the bases like a pro. In late June he knocked in ten runs in one outing against Detroit, and made headlines on every sports page in the country. Earlier in the year he had hit successfully in 20 straight games until he blew it on national TV--these are the kind of things that win All-Star berths in the national balloting. Despite ardent attempts by Boston fans to stuff...