Strong dollar policy under Carter misreads global trade
Perspective argues the Carter admin touts a strong dollar while pressuring Germany and Japan to raise their currencies. It criticizes Blumenthal’s stance as standard rhetoric, cites stimulus spending, rising inflation, and a flawed energy plan. It warns equalization tax could raise deficits and trigger further dollar devaluation and inflation.
MENTIONED IN THIS ARTICLE
Carter
Germany
Japan
United States
U.S
Mexico's Lopez Portillo signals cautious economic reform
The Mexican president extols wisdom in lifting the nation from a severe downturn. With unemployment feared up to 50 percent and population growth rapid, Lopez Portillo aims to stabilize finances while relying on oil and gas reserves to boost Mexico's standing among top producers. The United States sees benefit in a stronger neighbor and stresses mutual energy ties amid immigration debate.
MENTIONED IN THIS ARTICLE
Lopez Portillo
Mexico
United States
Cut Out Chit Chat Says Efficiency Expert Ford
Charles H Ford urges executives to eliminate extraneous talk and tangents to boost productivity. He cites wasted time from conversations, background details, and long conclusions, contrasting with decisive behavior of time-pressed leaders. Dixie speech norms and anecdotes illustrate cultural friction with his blunt advice.
MENTIONED IN THIS ARTICLE
Charles H.'Ford
Ford
Bobby
Mr. Ford
Bert Lance
George
Lance
Chicago
Carter Faces Vacuum After Bert Lance Departure
Washington dispatch notes Bert Lance may leave the Carter administration, creating an economic policy vacuum. It questions Burns’s reappointment, Blumenthal’s stature, and White House tensions as debate over tax reform and investor confidence intensifies amid looming 1978 uncertainty.
MENTIONED IN THIS ARTICLE
Washington
Bert Lance
Carter
Lance
Arthur Burns
Burn
Federal Reserve
Letters to the editor policy at Danville Register
The Danville Register welcomes letters to the editor signed with names and addresses, printed for verification. Writers must provide a telephone number. Letters are subject to editing and may be shortened if space is limited.
MENTIONED IN THIS ARTICLE
Danville Register
Oiling The Machine Chicago Tangles With Job Funds Probe
Labor Secretary Ray Maraball orders Chicago to repay nearly 1 million dollars for jobs given as political rewards and salaries for tasks already in the public payroll. Other cities face investigations into misuse of federal job funds aimed at easing unemployment as probes widen to New York, Atlanta, and Gary.
MENTIONED IN THIS ARTICLE
Chicago
Ray Mar‘aball
Park District
Washington
New York
Atlanta
Gary
Power shifts at Carter White House amid Lance departure
Joseph Kraft argues that replacing Bert Lance with another business figure may not fix the economy. He notes growth in early 1977, rising consumer confidence, and high unemployment, urging caution on relying solely on business confidence and stressing need for balanced policy and possible incomes measures. He suggests Michael Blumenthal could fill Lance’s role and questions the traditional OMB approach.
MENTIONED IN THIS ARTICLE
Bert Lance
Carter
Mr. Lance
Lance
Gallup
New York City
Office of Management and Budget
France
Britain
Canada
Michael Blumenthal
Maanor
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Treasury
Blumenthal
The
Wall Street Journal
West Germany
Wisden
Jose Lopez Portillo
James J. Kilpatrick
Nation’s Business
Dixie
Mason-Dixon
Charles Bartlett
Burns
White House
Cairman
Fez
the Treasury
Bendix
Donald Rumsfeld
William Simon
Carter Boys
Comptroller’s Office
Secretary of the Treasury
Stuart Eizenstat
Bizenstat
Nole
Joseph Kraft