Word: architecting
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Dates: during 1970-1979
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...President Carter's own ideas on welfare into effect. Says the Governor: "Carter is committed to a reform that distinguishes for the first time between employable and unemployable people, and only the unemployable will be eligible for welfare benefits. The employable will be offered a job."* The architect of workfare in Massachusetts is Richard Anderson, the state's assistant secretary of economic and manpower affairs. He figures the program will cost $700,000 a year but eventually will save the state $2 million annually. Anderson claims that 25% of the fathers in the program will find jobs within...
Nonetheless, the lobbyists frequently get measurable results. Dave Caney, a lawyer-architect and lobbyist for the American Institute of Architects, initially spent a frustrating week trying to talk with staffers at the Federal Energy Administration. His mission: to convince them that outside experts should do "energy audits" of schools and hospitals to see what forms of insulation and heating devices would make them more energy efficient. (Under the plan, $900 million would be granted to the states to carry out such programs.) Caney tried reaching Democratic staffers on the House energy and power subcommittee, but to no avail; they were...
This concern is voiced especially sharply by Yale Professor Robert Triffin, a member of TIME'S Board of Economists who was a chief architect of the West's postwar monetary system. According to his calculations, foreign loans made by the world's private banks surged from $100 billion in 1969 to $548 billion last year. Swiss banks accounted for $56 billion of the loans outstanding last year, French banks $42 billion and German banks $22 billion. But U.S. banks and their overseas branches were by far the most aggressive lenders. Their loan commitments...
...Jimmy Carter's account, Admiral Hyman Rickover, 77, has had a "profound effect on my life, perhaps more than anyone else except my own parents." The President took the title of his autobiography, Why Not the Best?, from a question asked by the curmudgeonly architect of the U.S. nuclear submarine fleet during their first meeting in 1952, when Carter was a junior officer. After Carter's Inauguration, one of his first guests for lunch at the White House was the admiral, who presented the President with a desk plaque that read: O, GOD, THY SEA IS SO GREAT...
Empty Rhetoric. While all these were the right sounds to make, Robert Triffin, a board member who was a chief architect of the West's postwar monetary system, said that after reading the final communique, "in the whole list I don't see a single concrete agreement." His point: the seven summiteers had expressed good intentions rather than committing themselves to specific policies. Almost to a man, Triffin and his board colleagues were concerned about a rising global trend toward protectionism, which could inhibit the needed expansion of world trade, and a failure to check inflation, which...