Word: worke
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Dates: during 1970-1979
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...during the coming winter and spring. Unemployment, which has hovered at about 5.7% for the past year, inched up to 6.0% in August, and a majority of TIME'S board predict that it will reach 8% by next summer, meaning some 8 million Americans will be out of work. That is severe, of course, but not as bad as during the 1974-75 recession, when the jobless rate...
...vote for a "quick and dirty" solution that would include draconian measures. Says Grove: "The ideal program would be very sharp fiscal and monetary policies buttressed at the outset by wage and price controls. The controls would be cosmetic, to convince people that the program is really going to work." Okun scorns this as the "trillion-dollar cure," meaning that it would cost the nation that much in lost production. He believes that such a solution would be "disastrous" because "it would have broad ramifications on the confidence in our whole institutional structure that would resurrect the darkest days...
Greenspan, who as chief economist in the Ford Administration devised the measures that helped pull inflation down from 12.2% in 1974 to 4.8% when Jimmy Carter took office, is the most confident of the board members that stringent fiscal and monetary policies alone can work again. He predicts that if a firm hand is kept on the economy and the political leaders avoid the temptation to stimulate growth just to get elected, inflation will decline to perhaps 6% in 1981. No matter how high the cost of curbing the price plague, concludes Greenspan, some unpleasant medicine taken now will...
...Union counsel before his judicial appointment, is a longtime friend and former aide to Governor Edmund G. Brown Jr., who named him to the bench in 1978. Previously he had been California's first state public defender and a state deputy attorney general. Fellow jurists who know his work have nothing but praise for him. Says San Francisco County Superior Court Judge Harry W. Low, until recently president of the California Judges' Association: "He's got an excellent legal mind and a good sense of being able to relate to people." Adds Lawyer James J. Brosnahan...
Chretien, a bartender and an exMarine, was being divorced by his wife. After finishing work and a couple of beers one night, according to trial testimony, he burst into the couple's former home and dragged Mrs. Chretien upstairs to their old bedroom. In a similar case that went to trial in the same state more than a century ago, the husband was acquitted. There will undoubtedly be more wife vs. husband rape suits, particularly in Oregon, Nebraska, Delaware and New Jersey, which have all adopted statutes allowing a wife to press rape charges against her husband, even...