Word: againstness
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Dates: during 1960-1969
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FROM the start of its fight against inflation, the Nixon Administration pledged not to copy Lyndon Johnson's controversial "jawbone" tactics. There has been considerable jawboning, but it is different from Johnson's. Johnson's jawboning involved White House pressure on specific industries against specific price increases...
THE burden of inflation, President Nixon has often said, falls heavily upon the poor, "who are largely defenseless" against price increases on the necessities of life. That view is seldom questioned by politicians, but a growing coterie of economists has lately come to regard it as a misleading oversimplification. Affluent...
The Poor Price Index. Actually, price increases are less painful for the poor than for the middle class and wealthy, the two analysts maintain. They have rejiggered the figures in the Government's consumer price index, which is largely based on middle-class spending patterns, to construct a "poor...
Nixon requested tough new powers to retaliate against countries that erect "unfair" barriers to American exports, or unfairly subsidize their own foreign commerce. Nixon also asked Congress for changes in current law to make it easier for industries, companies or groups of workers that have been hurt by imports to...
Much of Nixon's tough new trade policy bears the imprint of Commerce Secretary Maurice Stans, who calls it the first "fullscale attack" against "covert forms of protectionism which discriminate against American exports." In a talk last week to the National Foreign Trade Convention in Manhattan, Stans also promised...