Word: ment
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From the Sidelines. Among domestic issues, the biggest question up for debate will be the role of the Federal Govern ment in the management of the nation's economy. Democrats have switched from depression-born bread-and-butter issues to "jam-and-jelly" issues on how the U.S. should live with its prosperity. As they see it, the Government should intervene to promote faster "growth" and shift resources from private spending to the "public sector." Nixon dismisses the idea of set ting a specific national growth-rate goal as mere "growthmanship," urges tax reform, and a chance...
...meeting of the U.S. Chamber of ment Bankers Association, warned that "signs of an imminent recession are grow ing all the time and should not be ignored. There is no way to tell whether it will come in the last quarter of this year or the first quarter of next year," because of slackening business activity and the de cline in inventory accumulation. He was promptly challenged by Dr. Emerson...
...years later he openly opposed Rhee's re-election to the presidency, and in 1956 earned Rhee's abid ing hatred by getting himself elected Vice President on the Democratic ticket. Rhee isolated him by excluding him from all participation in govern ment, did not even speak to him except on ceremonial occasions. Then an assassin took a potshot at him, hit ting him in the hand; Chang was so shaken that he retired to his home, surrounded himself with hand-picked bodyguards, and rarely ventured forth. And though he courageously continued to denounce the corruption and brutality...
...figures on jobs were not so cheering. The Department of Labor announced this week that unemployment rose to about 4,200,000 in March (slightly above 5% of the working force), and employ ment slipped back slightly to just above 64 million, both against seasonal trends. One reason: the monthly employment sample was taken during a week when a blizzard hit several parts of the country preventing many seasonal workers in agriculture, construction and trade from being rehired. The Labor Department expects employment, which began to turn up in late March and early April, to rebound sharply this month...
Where have the homeless gone? Two places mainly: 1) into Algerian cities to swell urban slums, or 2) into "regroup-ment centers" under French army supervision. In either place they make a mockery-or else a very distant promise-of De Gaulle's historic Constantine pledge last November to Algerian Moslems of eventual parity with French standards of living...