Word: joblessness
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Dates: during 1980-1989
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...down and out-of-work, there can be little doubt as to the country's feelings in voting as it did last week. A jobless rate of 10% is simply too high to accept for long. The figure is not merely beyond the toleration of the unemployed, but of the employed as well, the majority who for the moment are enjoying lower taxes and slower inflation. The fact is that many of the haves in this election were voting for the havenots. A vote like that is never solely practical...
Midwestern Democrats nonetheless scored some big victories. Marcy Kaptur astonished her own party by winning almost 59% of the vote in a Toledo district that had voted 56% for Republican Ed Weber only two years ago. One reason: the Toledo AFL-CIO hired some of the district's jobless blue-collar workers to make 30,000 phone calls on her behalf. South Dakota lost one of its two House seats to redistricting, forcing Incumbents Clint Roberts, a Republican who represented the conservative, ranching western part of the state, and Thomas Daschle, a Democrat who represented the more liberal, farming...
...social spending and huge increases in military expenditures. The clear answer America gave was "no"--and had the nation had the chance to express itself again later in the week, its answer might well have been even more resoundingly negative. New unemployment figures released Friday showed the national jobless rate had hit 10.4 percent, a new post-war high...
...would do better to consider seriously Democratic proposals for a nuclear arms freeze and for a massive public works program for the jobless--and, in general, to seek bipartisan compromise. For if Reagan ignores last week's show of dissatisfaction with his policies by clinging to his 1980 agenda, he will succeed only in proving that his moniker as "The Great Communicator" refers only to his ability to talk, not to listen...
...denies that the strong dollar is stunting growth in the U.S. Nearly one-sixth of the economy depends on exports. It is estimated that each $10 billion in the trade deficit increases the jobless rate by .7%, or more than 500,000 people. C. Fred Bergsten, director of Washington's Institute for International Economics, believes that "the trade deficit is the biggest single factor pushing the economy down." Building new trade barriers, however, would only sap the economy further by propping up sickly industries, raising prices for consumers and inviting reprisals from other countries...