Word: basic
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Dates: during 1970-1979
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...government leaders throughout Europe and bankers and businessmen around the world, the Volcker package was more than just decisive. It made basic monetary sense, something that foreigners have come to long for in the White House's increasingly ineffectual inflation fight. In the past year, not only have prices throughout the economy surged into double digits and stayed there, but the Administration's chief weapon in the struggle, its year-old voluntary wage and price guidelines program, has proved hopelessly inadequate to the task...
...many amendments will be added by the committee and how damaging they will be. Full Senate debate is expected to begin some time in November. Majority Leader Robert Byrd feels that the treaty will gain support if the debate is televised and the public becomes acquainted with the basic issues. But he wants to avoid boring people by limiting discussion to a maximum of four weeks, which would require the Senate's unanimous consent...
...bottom-line obsession of many managers results in quick payoff investments to retool old products rather than expensive long-term spending to develop new ones. Though Texas Instruments this year will spend $155 million on research, Vice President George Heilmeier admits: "We have become conservative and spend less on basic research...
...inevitably involved in today's innovative process," concedes Richard A. Meserve, policy analyst for the White House Office of Science and Technology Policy. In the past three years President Carter has shifted the balance of federal R. and D. spending, which this year will total $30 billion, toward basic research. Carter this month will also present the results of a 20-month Commerce Department study on innovation. Presidential recommendations are expected to include modifications of patent and antitrust laws to protect inventors and encourage joint developments, tax breaks for small innovative businesses, and the creation of cooperative technology centers...
...have in the States or as other plural societies like Switzerland, we've got the same basic things, namely, good strong local government for all the different types of people in this country. Then we have got a very good regional government. The whites have got the provincial government. The simple fact of the matter is that the black states' government, from whichever point of view you look at it, is at least very good regional government. Kwazulu has got a very good administrative government, very good from the point of view of law and order and from any possible...