Word: absorber
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Some of that tension is evident today. There are now 19 million people at all levels of American government, and they absorb 36% of the wealth that this nation produces. More and more, their ideas collide with a populace that finds the tax burden too great, regulations too profuse, waste too prevalent and sympathy for ordinary people too limited...
...Indiana, for example, the administration estimates that fully half of its 7,000 graduates getting their bachelor's degrees will not have positions at commencement. Says Jack Shingleton, placement director at Michigan State University: "The universities are turning out more graduates than our society is able to absorb...
...high deficits are depressingly apparent to economists. Says Martin Feldstein, the chairman of Reagan's Council of Economic Advisers: "For the past two decades, total net private savings have averaged only about 7% of the G.N.P. A budget deficit of 6% [which is what $200 billion represents] would absorb an amount equal to nearly all of those savings." The Government's growing borrowing needs could cause what Citicorp's senior domestic economist, Peter Crawford, calls "painful conflicts between the Treasury and private borrowers." This "crowding out" of private borrowers is part of an economic Catch-22. Explains...
Certainly the best way to humanize doctors is to humanize their training. The common aim of all efforts to reform medical education is to allow students more time to absorb and reflect upon what they learn and more freedom to pursue personal interests. Says Dean John Sandson of Boston University: "If we want our students to be compassionate, we as faculty and administrators have to be compassionate...
...involved a careful political calculation. Whatever his disadvantages, Mauroy is perhaps the one leader who can cajole the Socialist electorate into swallowing the bitter pill of belt tightening. He pushed through the unpopular wage and price freeze last year. For Mitterrand, there is also an advantage in having Mauroy absorb the unpopularity that the stringent new economic measures will generate. If Mauroy becomes too much of a drag on the party, the President can replace him before the next legislative elections, which are scheduled for 1986. Mitterrand thus has given Mauroy two years in which to perform a healing miracle...