As President Gerald Ford packed his bags last week for a ten-day skiing holiday in Colorado, yet another blizzard of bad news about sales, prices, jobs and profits swept down on the U.S. It brought fresh evidence, if any were needed, that the President has some urgent and complex decisions to make next month about howand how far to shift his strategies for dealing with deepening recession, continuing inflation and energy problems.
Still resisting the increasing pressure for less emphasis on inflation fighting and much more on combatting the recession, the White House got some support when the Labor Department...