Alton Evening Telegraph from Alton, Illinois on August 24, 1972 · Page 9
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August 24, 1972

Alton Evening Telegraph from Alton, Illinois · Page 9

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Alton, Illinois
Issue Date:
Thursday, August 24, 1972
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Page 9
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A-10 Alien Eventing Telegraph Thursday. August 24, l!)72 Most feel there is no recession in U.S. down'.'"' PI BIN. VIKWS PRICKS :h;s Order: Faster; As less Fast : Going Not Sure. Percentages. fid 30 9 :>!> 30 10 For the first t,:rrv <::i.v mid-lP70. rtit-T \r'w: •, •., -believe the country :.s i.x ;:? a recession than M\-vc ; •*• by 43-41 per cent, a s' ; m plurality of the public tiv'i\> "there is not a recession in Uie nation U><1;\ ' A vv'.:ago, by 6C-?4 rrr con' _i sizable major :\ u;is r'" vinced that -v-ession conditions still prevailed, despite the fact that profession.il economists then said 'lie worst was passed. Nonetheless, the underpins: economic issue in this election, which many DorruwMts still pin their hopes on for an upset v i c t o r y next November, has far from disappeared. A substantial (50 per cent of the public feels tiial "prices arc rising more rapidly than they were a year ago," sharply up from the minority of 45 per cent who •felt this way last November during the wage-price freeze. At the same time, unemployment fears — the other side of the economic troubles felt by most Americans over the past two years — appear to have abated somewhat. Although 35 per cent still feel "unemployment around here is increasing," this is sharply down from the 58 per cent who felt the same way a year ago. On balance, then, the economic outlook of the American people appears to have improved some in recent days, but it is still too early to say that President Nixon is out of the woods with the voters in terms of vulnerability on his promise to have checked inflation by the end of his first term. On August 2nd and 3rd, a cross section of 1,635 voters was asked: "Do you feel the country is in a recession today or not?" ' IS COUNTRY IN A RECESSION? Is Not Is Not Sure 41 43 16 46 41 13 48 37 15 48 33 19 56 27 17 63 23 14 62 24 14 47 45 60 $1 69 70 i * i <i 65 33 34 26 •:s 25 •1\ 20 •>•> 28 16 16 11 6 4 5 6 •1 5 1 1 . . . . . - 3 4 3 2 2 0 Li 2 \ 1 M.tx 5.i 31 11 1 2 M.r ri9 2S 11 - 2 l\v . "1 \,n . Sort, .'vine V;;r. Jan. Afror soaring in early 1971, tin 1 number of people who saw (ho prices of most things they buy going up higher tapered off during the period of the \v a g o - p r i c e freeze. But recently there has been a steady return to earlier levels under the impetus of rising food prices. Although the rate of u n e m p 1 o y m e n t has not declined appreciably, public- concern over this area of the economy has been cut in half since a year ago this past ,lune. Cross sections have been asked: "Compared to a year ago, do you feel the number of people unemployed around here has increased, decreased, or stayed the same?" PUBLIC VIEWS ABOUT UNEMPLOYMENT In This Order: Increased; Shriver campaigns in South By LAWRENCE SON L. KNUT- Aug., '72 June May Mar. Nov. '71 June Nov. '70 The political impact of the recession issue car. be seen graphically in the following table, which analyzes tht voting intention of people who thnk there still is a recession and those who do not: VIEWS ON RECESSION By vote intention On Recession: Total is Is Voters One Not Voting for: Nixon 57 46 70 McGovern 34 42 23 Not sure 9 12 7 These results mean that if the economy should receive a setback between now and Election Day and the public believes the recession is not passed, the outcome could narrow considerably. Easily the most vulnerable part of Mr. Nixon's economic stance lies in the inflation area. Repeatedly, the Harris Survey has asked cross sections of the public: "Do you feel the prices of most things you buy are rising more rapidly than a year ago, about as rapidly as they were then, less rapidly than a year ago, or are they going CINCINNATI, Ohio (AP) — Declaring he and George McGovern probably would be defeated in a landslide if the election were held now, Democratic vice presidential nominee Sargent Shriver has received IKtle encouragement from two Deep South governors. Ending the southern half of his second campaign trip with an Atlanta rally and a chat with farmers. Shriver headed into Ohio and the industrial North, where he again attacked President Nixon's Vietnam policies. "The President has had 1.402 days in which to end the war," Shriver told a mass rally at Cincinnati's Fountain Square. "And he's only got 75 days left before he gets defeated." In the antique-filled parlor of the governor's mansion in Raton Kouge, Shriver spoke Wednesday of another possible defeat — that of the Democratic ticket. But he said McGovern has the formula "to turn the figures around" and produce victory. Louisiana Gov. Edwin Ed wards — seated near his wife whom he appointed recently to the U.S. Senate — told reporters that in his state at least, the job will be difficult if not impossible. In Atlanta later, Georgia Gov. Jimmy Carter received Shrivur in his office and said that while he will vote for McGovern he does not plan to campaign for him or endorse him formally. decreased; Stayed Same; Not Sure. Percentage. Aug.. '72 35 12 45 8 June A'f. ,'i May 41 10 40 9 Mar. 46 8 39 7 FRIDAY & SATURDAY SPECIAL S10-$16 $M Women's " LOAFERS i <m MK.\ liOVS AVAILABLE IN U AND LUi£ WIDTHS 114 W. 3rd St. Alton, III. I Dec., 71 43 !) 38 10 Jan. f.2 5 27 fi Nov. 40 7 45 8 In the end, the public Is Oct. 54 6 34 6 sill! willing to give the ••'•"!:• 58 fi 31 5 President the benefit of the •Time 70 5 22 3 doubt on the economic issue; May 65 4 25 6 for by 52-27 per cent, a majority now believes that his economic policies "are doing more good than harm," rather than "more harm than good." Yet this favora'Mt; result for Mr. Nixon is offset by the 64-32 per cent negative marks he receives for his "handling of the economy" while in office. A realistic assessment of the economic issue in the campaign yields the con- economic mood will neutralize elusion that the Republicans the issue or whether it win cannot hope to win on the work as an undertow that issue. The question which is could make the outcome next still unresolved is whether the current improvement in the November much closer than today's poll standings show. 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