Word: boostings
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Dates: during 1970-1979
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Lately, however, two developments have given Morocco's 120,000-man military forces a new impetus and the Moroccan public a strong boost. One is the Carter Administration's decision to reverse a long-standing U.S. policy by providing Morocco with badly needed arms assistance, notably Bronco planes and helicopter gunships. The other is Rabat's deliberate attempt to modify the army's defensive garrison mentality and try to seize the military initiative with an elite new fighting force. After touring Moroccan positions in the western Sahara for five days, TIME Correspondent David Halevy cabled this...
OPEC producers hardly seem in the mood to be particularly generous to anyone. Though Treasury Secretary G. William Miller spent much of last week in Persian Gulf capitals urging price moderation and a boost in production, officials did little more than listen politely...
Ignoring these defects, Long and Ullman argue that the VAT could break America's inflationary spiral by providing the necessary incentives to boost productivity. Americans save a smaller portion of their incomes than citizens of any other western nation. With savings, so low, banks and business have limited funds to invest in expanding capital to spur productivity. The solution to this problem--for Senator Long and Representative Ullman--lies in a tax on consumption. They even propose that this consumption tax--the VAT--partially replaces the corporate profits tax to free still more money for investment. Evidently, Long and Ullman...
...drop in U.S. oil use should have given the dollar a needed boost on money markets. But the greenback twitched indecisively as traders remained mesmerized by the theatrics of the Iranian drama. Since the freezing of Iran's money in U.S. banks, some of the counterthreats from Tehran have been plainly bluster. "We have the dollar by the throat," chortled Banisadr. Not quite. Though the National Iranian Oil Co. announced that it no longer will accept dollars for oil, Iran needs the U.S. currency to pay for imports of everything from Australian wheat to Japanese machinery, which...
...earlier right-wing stridency. His chief economic adviser: Martin Anderson, who was a member of Richard Nixon's White House staff. Like Brown, Reagan calls for a constitutional limit on unrestrained spending. He also urges an income tax cut, perhaps as much as 33%, arguing that the boost to business would quickly result in more productivity. That, in theory, would generate increased tax receipts and cut the budget deficit. Reagan advocates the indexing of income tax rates-that is, people would pay taxes on the real, not inflation-bloated, increases in their salaries. To hold federal spending...