Word: slowdowns
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...futurists believe that, in any event, the more dire prophecies of repression are false, that reaction and repression will be limited and temporary. Even so, the '70s are likely to be a time of chaotic and confused politics. The decade, thinks Management Consultant Peter Drucker, will see a slowdown in the growth of big government, which is unable, he maintains, to deal with modern problems. The solution is smaller, more effective bureaucratic units. At the same time there will be a revamping of outmoded political geography: the uniting of cities and their suburbs, for example, into rational metropolitan governments...
...cause of the slowdown is the M.I.T. Committee for Committees, a student body which will submit the names of the M.I.T. nominees for Coop stockholders and Board of Directors positions...
...keep hands off union disputes and request special legislation to settle the walkout. Whatever the outcome, the U.S. has reason to be uneasy. Unions will have to negotiate new contracts for some 4,000,000 workers next year-in what seems certain to be a climate of business slowdown, profit pinch and continued price boosts. That is about the worst imaginable climate for labor peace...
...pattern of any model-year. Last week, as that milepost passed, Detroit was gearing down for a slow winter. Over the next three months, automakers plan to assemble 2,580,453 vehicles, 417,453 fewer than they made last December, January and February. Automakers blame most of the slowdown on the fact that the public simply is not in the mood to buy. This week Chrysler plans to shut down three of its seven assembly plants for a week and three more for a day, because its dealers are overstocked with 1970 cars...
...consultants to TIME's BUSINESS section. Its members speak as individuals, of course, and not as representatives of the institutions with which they are associated. The first meeting addressed itself to the hard questions now troubling an economy ridden by inflation and money scarcity and facing a possible slowdown ahead. Excerpts from the discussion...