Word: pocketbook
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Finally Nixon turned to the future, warming to the prospect. "Now let's look at this election in terms of 1972," The battle is drawn between the President and the Congress. The two key issues will be peace the pocketbook. About the peace issue: the war will be over and we will have peace with prosperity. As for economy, it will be good in with a very strong upturn in 1972. Law and-order will also be an issue to this degree: crime has gone up 150% in the past eight years, but it is now finally beginning...
...chat "to discuss foreign policy," Republicans made good use of pictures of the meeting around workingmen's neighborhoods. (Feeling that he had been used, Meany later roasted the Republicans in radio speeches.) On the other side, the Democrats and their old friends in the union leadership played up the pocketbook issues of unemployment and inflation...
...economic troubles on the Democrats will succeed. Johnsonian fiscal programs produced inflation, but it is the Republican antidote, however necessary, that has cut profits and jobs. Therefore the key to the campaign is whether voters have been aroused enough over violence and dissent to put aside their unhappiness over pocketbook issues. The President has banked on that. The powerful campaign mounted by Nixon and Agnew has succeeded at least to the extent of keeping the Democrats on the defensive...
...Pocketbook Rebellion. Elsewhere, less obviously inflammatory grants have provoked similar reactions. A 1968 grant to the Black Unity League in Louisville ran into resistance after three leaders of the group were charged with conspiracy to blow up oil storage tanks during a riot. Louisville Bishop C. Gresham Marmion asked that the grant be deferred until the three had been tried, but Leon Modeste, the black layman who directs the Special Program, made the grant on schedule. In North Carolina, a $30,000 grant to the Malcolm X Liberation University created a furor when the local bishop was denied a voice...
Even in states and cities where there is no major disagreement about specific grants, the pocketbook rebellion has been sharp. Gaps between diocesan pledges and quotas for 1970 set by the last General Convention were impressive even on a local scale: $425,000 below quota in New York City, $239,000 in Los Angeles, $146,000 in Dallas. In all, the pledges were more than $3.5 million below the national budget quota of $14.7 million. Modeste was undisturbed. In his official report last March, he had written that "the Church, the temporal, institutional body of Christ, must be willing...