Business: THE ECONOMY AT THE TURNING POINT

FOR all its emotional impact on the nation, the Viet Nam war does not provoke the most widespread dissatisfaction with President Nixon's policies. Almost to a man, U.S. citizens feel frustrated by the persistence of inflation and its pervasive effects—high prices, oppressive interest rates and a severe scarcity of credit. Of those who were questioned in the latest Louis Harris poll, published last week, 51% gave Nixon a negative rating on Viet Nam; an overwhelming 79% disapproved of his handling of inflation.

Their frustration is likely to increase during the winter and spring. The economy is at a new and potentially dangerous...

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