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Economists differ on whether these signs add up yet to "full employment," an increasingly misleading term that is taken to mean the point at which further demand for workers sets off an inflationary wage explosion. Henry Wallich, a governor of the Federal Reserve, insists that the U.S. is already at full employment, even with a jobless rate of 6%. Liberal economists put the trigger point at 5½% or less, meaning that there is still some safety margin, but not much...
...shouted to those assembled in the crowded courtroom last week: "Perhaps you have not understood what has happened in these days or what will happen in the coming months for Italy!" In fact, everyone understood only too well. In murdering a man dedicated to the principle that people who differ could find common cause. Moro's assassins had neither divided nor conquered but united the nation in a new determination to preserve that vision...
Your story on the neutron bomb [April 17] is yet another example of unfair attacks on Carter. The first four paragraphs leave the impression that he can't make a decision. Only after attacking Carter do you give the facts: military and political leaders differ sharply over the bomb, and none of the key NATO countries will commit themselves to allowing it in their territory. Carter has made the only possible choice. He is not wasting $4 billion producing a useless weapon, and he is not precluding future production should the situation change...
...voice seeking the President's ear in the more aggressive and imaginative Zbigniew Brzezinski, who operates just down the hall from Carter's office as head of the National Security Council. Yet the former Columbia professor, for all his purposefulness, respects Vance's role, and while the two certainly differ on just how tough the U.S. should be toward Russia (Vance advises the milder approach), Brzezinski has made no attempt to dominate Vance the way Kissinger humbled Secretary of State William Rogers...
...said he hopes to communicate to the government what the cumulative impact of paper work is on an institution like Harvard. He added that his perspective on certain suggestions for reform may differ from that of other committee members...