A Letter From The Publisher, Jan. 30, 1978

In his messages to Congress and in his budget, Jimmy Carter has just set forth his economic policy for 1978. He hopes that it will prove to the country that his grasp of fiscal reality is firmer than it sometimes appears. Says Senior Editor George Church, who wrote this week's cover story: "Carter's severe problem is that he has convinced most of the business community that he doesn't know what he's doing."

When it comes to business, Church knows what he is doing. He has been writing about the economy for 23 years. While...

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