Word: elected
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Dates: during 1970-1979
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President Bok refuses to accept the resignation of Senator-elect Daniel Patrick Moynihan (D.-N.Y.), may-be professor of Government. In a statement to the press, Bok says, "I think Pat's shown he can handle more than one job, and his continuing first-hand experience in the workings of the national government is a real addition to the Harvard faculty...
...preparation for the cover, Chief of Correspondents Murray Gart, Washington Bureau Chief Hugh Sidey, Correspondent Bonnie Angelo and Cloud interviewed the President-elect in his Plains home last week. Carter had been told by Powell three weeks ago that he was TIME's Man of the Year. His response: "Oh really? I hadn't given any consideration to that." At the time, Carter's mind was preoccupied with selection of his Cabinet. Much of his deliberation took place in his study, overlooked by a framed portrait that ran on the cover of TIME...
Carter's own views are still unclear, and perhaps undecided. The President-elect said last week at a news conference that "my own preference is to concentrate on job opportunities"−meaning he would put more emphasis on Government spending for job-creating programs, less on a tax cut. On the Board of Economists, Nathan favors that approach as a method not only to put people to work but to begin tackling some of the nation's unmet social needs−for example, mass transit and aid to education. Other Democrats on the board doubt that new spending...
After a year of shifting moods −from euphoria to uncertainty and for a time despair−the stock market seems to have come full circle. As 1976 draws to an end, traders are once more looking ahead with rising confidence, buoyed by a growing conviction that President-elect Jimmy Carter can put zip into the lagging economy. Before the election, Wall Street nervously regarded the Democratic candidate as a big-spending populist, but it has been won over in recent weeks by Carter's appointment of political moderates to top Administration posts. Says Reynolds Securities, Inc. Vice President...
Hoping to pick up some pointers for his new job, Semanticist S.I. Hayakawa enrolled in a special Harvard University program for freshman Congressmen. As a former no-nonsense professor himself, the California Senator-elect should have made an attentive student. Alas, during seminars he was caught napping. At least Hayakawa had a novel excuse: "I admit I may have dozed through some of the sessions, but I haven't had a good rest since the campaign...