Word: sectored
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...some issues to appeal to a national constituency, Bentsen alienated much of the conservative support in the business community that helped him capture the seat in 1970. His support for an elimination of the oil depletion allowance for major oil companies also strained his ties to the business sector of his constituency. However, many Democrats are still cool to Bentsen because he unseated liberal Senator Ralph Yarborough in a 1970 Democratic primary...
...tried to paint Zorinsky as a liberal and tie him to the national party. But this is proving difficult because Zorinsky has campaigned as a conservative who opposes abortion and busing--though the latter is hardly a burning issue in Nebraska--and who stresses the role of the private sector in dealing with national problems...
...states. Carter argues that 90% of the 12 million people now on welfare cannot provide properly for themselves and hence "should be treated with love and compassion and respect and dignity." As for the 10% able to work, he would give them special training and, provided the private sector cannot hire them-a solution he prefers-he would generate jobs through federal programs. If these welfare recipients refused to go to work, vows Carter, "I wouldn't pay them any more money"-a line that customarily draws cheers from his audiences. He says that there are 2 million welfare...
...President Ford's direction, Congress recently passed an extensive tax reform bill that has eliminated numerous loopholes and inequities of pas tax legislation. At the same time, the Ford administration has judiciously encouraged corporate tax deducations in order to encourage investment and attendant generation of jobs in the private sector. With considerable vision, Ford has bucked the big-spending Democratic Congress in favor of fiscal responsibility. Through veto after veto he has condemned deficit spending and debasement of the currency as sure to destroy incentives to save, to invest and to create jobs...
Downward Revisions. The number that caused all the stir is a complex mathematical composite of twelve* important economic indicators. Of these three were largely responsible for the drop: the layoff rate in the manufacturing sector (it rose), the length of the average work week, and the dollar value; of contracts and orders for new plan and equipment (both declined). But Julius Shiskin, commissioner of labor statistics, believes there are technical aberrations in the layoff and work-week statistics and that after recalculation they will be corrected for the better. Other factors taking the sting out of the August index drop...