Word: ax
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...target for the ax is the $12 billion that the Government provides to states and cities under the Comprehensive Employment and Training Act so that they can hire the unemployed for public service jobs. The CETA program has been roundly criticized for putting workers into jobs that provide no useful training for employment in the private economy. None theless, CETA cuts would anger blacks, who regard the program as of potential benefit to ghetto youths, and organized labor, which already is very unhappy with Carter. Last week AFL-CIO President George Meany denounced the Stage II wage-price guidelines...
...Long Island, an enraged driver who thought he had been cut off smashed the offending vehicle with an ax. In a lane-changing argument . in Sacramento, a passenger in a pickup truck shot and killed the driver of the other car. After a near collision in Virginia, two drivers tried to settle matters by staging a shootout. "This is getting more common," says a Chicago Police Lieutenant. "Everybody seems to be uptight." Even some men on his own force. In the Windy City last year, two off-duty officers were fired and one was placed on probation for attacking other...
...voters of California would not have had to use a meat ax on the tax structure if the politicians and bureaucrats had not been using a scoop shovel to distribute tax money...
...fact that Californians wielded a meat ax as they cut into taxes bothered many advocates of more moderate efforts to put limitations on government spending. Liberal Economist Walter Heller, chairman of the Council of Economic Advisers under both John F. Kennedy and Lyndon Johnson, noted in the Wall Street Journal last week: "Clearly, governments the country over need to be brought to book, they need to deliver more per dollar of tax, and they need to deliver excess tax dollars back to the taxpayer. But all of that can be readily granted without committing fiscal hara-kiri." To John Petersen...
Squeezed for cash because of overinvestment and declining earnings, Gulfs chiefs have been wielding a heavy ax to cut costs, jettison losing properties and clear a path out of past mistakes. The company's fleet of planes has been reduced from six to three, and the executive dining room has been closed. More important than these symbolic moves, this year's capital budget, originally set for $2.5 billion, is being cut drastically. At headquarters in Pittsburgh, and in branch offices from Houston to Tokyo, cutbacks in staff are reaching into the hundreds. Public affairs has been pruned severely; its chief...