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...much below 5% or 5½% without reigniting inflation. Thus, to reach his goal of 4½% unemployment and create jobs for roughly 1 million unemployed people, Carter would push selective Government job programs-subsidies for companies to hire the unemployed, a plan like the old CCC to put jobless youths to work on urban clean-up and build-up projects, and the like. He argues that the programs would ultimately pay for themselves by getting people off the dole and turning them into productive taxpayers. Remembering that such schemes did not dent unemployment much during the 1960s, some...

Author: /time Magazine | Title: ISSUES: THE POCKETBOOK ELECTION | 11/1/1976 | See Source »

...that is based on some debatable assumptions. Is unemployment really so severe? It is concentrated largely among women and teenagers, who are not primary breadwinners, and only 5.4% of the heads of households are jobless. Are the factories really so underused? There is some concern about the re-emergence of production bottlenecks in several industries, notably paper, petrochemicals and steel. Is demand really so low? It certainly has contributed to price rises...

Author: /time Magazine | Title: ISSUES: THE POCKETBOOK ELECTION | 11/1/1976 | See Source »

Cries Sasser, a lawyer and former state Democratic chairman who grew up on a Tennessee farm, "How can a millionaire know the plight of the poor, the uneducated, the jobless, the sick?" His adroit use of sarcasm against the low-keyed Brock has been withering. When the Republican tried to link Sasser to minor scandals in the Democratic state administration, Sasser smiled: "I didn't know William E. Brock the Third was running for Governor." At a joint appearance, Brock declared he intended to run on his record. Quipped Sasser: "That's the best news...

Author: /time Magazine | Title: Tennessee: Brock v. Sasser | 10/18/1976 | See Source »

...rate showed a slight improvement; it edged down to 7.8% in September, from 7.9% in August. But while the level of unemployment among women, young people and blacks declined slightly, the rate for household heads, the backbone of the labor force, rose from 5.2% to 5.4%. Thus the last jobless figure to appear before the Nov. 2 election shows that 7.4 million Americans are still unemployed-a statistic that is certain to cause Ford trouble...

Author: /time Magazine | Title: THE RECOVERY: Worry for Ford in His Strong Suit | 10/18/1976 | See Source »

Despite the vitriol, the candidates had few disagreements of substance. Indeed, whichever Helmut won, it seemed there would be no fundamental change in West Germany's domestic or foreign policy. Both promised to lower unemployment (current jobless rate: 3.9%), raise pensions, maintain but not significantly expand other social services, crack down on terrorists, pursue detente with East Germany on more of a quid pro quo basis, continue close ties with the U.S., and lobby in other West European capitals for a stronger NATO. Their only substantive difference was over the issue of corporate-tax cuts, which Kohl favored...

Author: /time Magazine | Title: WEST GERMANY: Noisily Down to the Wire | 10/11/1976 | See Source »

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