Word: iv
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...much of America has been suffering with the economic misfires of Phases I through IV, some Government employees at least have been humming along rather nicely. The U.S. Census Bureau revealed last week that Arlington County, Va., bedroom for much of the Washington bureaucracy, enjoys the highest per capita income (at $5,446) in the nation. A full 37.6% of Arlington's wage earners are federal employees. "When there are bad times in the country, they hire more people in Washington," observes Dr. Kenneth M. Haggerty, an Arlington dentist and acting county board chairman. In terms of income...
...best a list of unmet challenges, at worst a catalogue of failure. The President has indeed ended U.S. involvement in the war and brought home the prisoners, but he has failed to realize most of his domestic goals. His price freeze has given way to Phase IV, and across the nation the cost of food and other commodities is soaring to record levels. The Department of Agriculture estimates that food prices will rise 20% this year; in New York City, the cost of groceries jumped an appalling 3.9% in the space of seven days (see THE ECONOMY...
...being sits unattended on the congressional calendar," the President com plained, obscuring the fact that it is the Executive Branch - and not Congress - that has been paralyzed by Water gate. "Confidence at home and abroad in our foreign policy is being sapped by uncertainty," said Nixon, as if Phase IV and the price of beef depended upon the support of Senator Sam Ervin...
...available measures, Nixon has thoroughly botched the job he said he was elected to do: rampant inflation is driving food prices up at the fastest pace in a generation. The cost and scarcity of red meat dominate household conversation, but they are far from the only economic woe. Phase IV opened last week with a burst of price-increase announcements on many other items -steel, tires, cars. Interest rates are soaring for both giant corporations and individuals, and many would-be house buyers simply cannot get mortgage loans. Among economists, there is a growing fear that the mess will...
McGuane has been married for eleven years to a tiny, pretty girl who is a direct descendant of Davy Crockett. They have a six-year old son, Thomas IV. Whether on their 40-acre ranch outside Livingston, Mont., or in Key West, the McGuanes are a refuge for a shifting population of the lonely, itinerant or freaked out. "We're everyone's straight friend," he says. "I love the fact that my household is beautifully run. But I need chaos too, so I live near the ocean or the wilderness. I have a mortal fear of being housebroken...