International Marxist Group Archive

Magazines, bulletins and booklets of the IMG and its forerunners, 1961–1984

Negroes First in Line in U.s. Economic Slow Down

The Week Vol. 6, No. 22, c. 15 December 1966 · p. 14 of the scan · 141 words

The scan: The Week v6 no22.pdf (PDF, Marxists Internet Archive, opens at this page)

Uncorrected machine reading. This text was read by machine (Tesseract OCR) from a scan of a stencilled typescript and has not been corrected. Expect misread words; titles in particular are often garbled where the issue printed no contents list. Quote from the scan, not from this page.
How this article was cut and titled: capitals heading; heuristic; title from the OCR of the heading.

Discounting the U.S. Administration's forecasts of the effects of the slowing down of the growth rate to 4 per cent, Mr. Andrew Brimmer, a governor of the Federal Reserve System, has stated in Washington that, while overall unemployment might well remain steady, in fact negro unemployment was bound to rise. Although only at a late stage did the negro enjoy the fruits of the five year economic boom, he would nevertheless be the first to suffer. "Sadly but honestly", said Mr. Brimmer, "I have concluded that the outlook for further substantial progress in the effort to broaden and deepen job opportunities for minority groups is less promising than it was even as recently as a year ago". He called for a special effort to “ensure that the burden of restraint does not fall unduly on those least able to bear it."

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