Word: dependencies
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...state of collapse." Addressing the same group, Henry Ford II agreed: "I have never before felt so uncertain and so troubled about the future of both my country and my company. It is not too much to say that the very survival of our free society may depend on finding good solutions to these economic problems...
...year-rounders, the winter means isolation, bad weather and hardship. The small towns that line the Outer Cape--Orleans, Eastham, Wellfleet, Truvo and Provincetown--depend economically almost exclusively on tourism. The creation of the National Seashore in 1961 insured the tourist trade during the summer by protecting the beaches and ponds of the Cape, but after Thanksgiving, few visitors are attracted; the motels, shops and restaurants close, and unemployment soars. In the winter, food stamps become a common sight in Wellfleet's First National supermarket and the number of welfare recipients and those on unemployment climbs...
This year federal and state governments are expected to give out $18 billion or more in benefits-triple the amount they disbursed last year. Though the states are bearing the major burden at present, the longer the high jobless rate persists, the more the insurance system will depend on financing by the federal budget. A total of $14 billion has been set aside in the budget to pay unemployment claims for fiscal 1976, and there is a strong chance that more money will be needed...
...sudden surge of joblessness has swamped unemployment offices. Out-of-work people have to stand for hours in long lines in dreary surroundings and be subjected to snappish treatment by overworked clerks. Worse, because of the heavy work load in the offices, the checks on which the jobless depend are either not ready when they appear at the office or are late in arriving in the mail. In Georgia, for instance, benefit applications early this month were running at 96,000 a week, v. 19,000 last year, and checks for some people were still arriving a month...
...million and $10 million by Feb. 1, 1976. The new federal campaign-finance law offers presidential candidates matching funds of up to $5 million for primary expenses but only if they first get contributions of at least $5,000 from each of 20 states. As a result, Jackson will depend heavily on a direct-mail appeal for funds, coordinated by Morris Dees, the liberal Montgomery, Ala., lawyer who raised $20 million by mail for McGovern in 1972. By year's end, Jackson expects to have sent his appeal to about 2 million people...