Word: otto
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...Ronald Reagan earlier this month brought his career total to 29 cover stories. With his 30th, this week's cover on President Carter's struggle to curb inflation, Church finds himself back in the business world, though some colleagues believe he never really left. Says Nation Editor Otto Friedrich, who edited the story: "George reads economic statistics with the gusto that other people devote to reading menus, Racing Forms or love poems...
...program "was very positive and broad," said C. Edward Acker, chairman of Air Florida, a small airline. "I wasn't expecting so much." Otto Eckstein, a member of TIME'S Board of Economists, declared: "I think the President has made a complete reversal of his economic policy, for the better. He has gone from three years of greatly excessive budget deficits and excessive money supply expansion to a conservative regime of budget balancing and limited credit growth." Republican Senator Bob Packwood of Oregon commented with ironic approval: "It seems that the President has learned more about inflation...
...Otto Eckstein, Warburg Professor of Economics, said the current inflation rate is the result of rising energy costs and "driving the economy too hard for 15 years...
...Otto T. Solbrig, professor of Biology, said that while the new tenured position would probably bring more young people into departments, it could also lead departments to make more mistakes by tenuring untried scholars...
...businessman, was indicted for bribery and later testified that he had made payoffs to 31 legislators. Eighteen-month congressional investigations of "Koreagate" led to little action. The only man actually imprisoned was former Congressman Richard Hanna, 65, California Democrat, who was sentenced to a 2½-year prison term. Otto Passman, 79, Louisiana Democrat, was brought to trial but acquitted. Charles H. Wilson, John McFall and Edward Roybal, all California Democrats, were reprimanded by the House, but Wilson and Roybal are still there...