The Kid from Shanghai
W. (for Werner) Michael Blumenthal, 50, fits the Carter specifications for Cabinet officers with almost ball-bearing precision. He is a topnotch businessman with a concern for social causes. He is a Democrat but not a big spender. He favors some national economic planning but not the amount called for by the Humphrey-Hawkins full-employment bill. He is praised by labor leaders and businessmen alike. Says Douglas Fraser, a vice president of the United Auto Workers: "He is a very enlightened industrialist. His social values are solid, and he practices them."
Blumenthal's...
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