Word: bosworth
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Board members disagreed on whether the Federal Reserve will ease its tight money policies and let interest rates come down. Bosworth doubted it. Said he: "Right now, the Fed is just not part of this discussion. It stands on the sidelines and says, 'We don't care what you say. We're just going to sit on the money supply.' " Heller, though, argued that recent statements of Federal Reserve Chairman Paul Volcker indicate that some loosening may be coming. Said Heller: "I'm reasonably optimistic. Volcker is sounding a good deal more accommodating...
TIME'S economists unanimously agreed on the need to bring down the unprecedented budget deficits that have been one of the major factors behind the high interest rates. Said Liberal Barry Bosworth: "Running huge budget deficits and a very restrictive monetary policy makes no sense whatsoever. Our economic policy has been absolutely backwards...
Murray's research draws criticism from such liberal economists as Charles Schultze and Barry Bosworth of the Brookings Institution, who point out that the thesis ignores noncash aid from the Government, including food stamps and Medicaid. If such benefits are counted, they say, fewer Americans are poor than Murray's statistics indicate, and thus Government spending has been more beneficial than he acknowledges...
...Congressmen and economists reject the remedy of job programs to cure unemployment. "It's like trying to put a Band-Aid on a cancer after it's already grown, instead of preventing it in the first place," says Democratic Senator Bill Bradley of New Jersey. Observes Barry Bosworth, an economist at the Brookings Institution: "A federal job program inevitably turns into nothing more than an income-maintenance program, for the simple reason that when workers graduate from training programs, there are still no jobs for them. In a couple of months, 10 million people are going...
...feeling that it is a bum idea and ought to be changed," says Wyoming Congressman Dick Cheney, chairman of the Republican Policy Committee. But, surprisingly, the leasing provisions are defended by some of the very economists who most harshly assail last year's giveaways. Brookings Institution Economist Barry Bosworth grumbles about "all sorts of crazy things" written into the bill but says the leasing provisions will lead to "a reasonable redistribution of [corporate] wealth." Even Greenspan approves the idea. One possible compromise: forbidding the sale of tax benefits by companies like Occidental, which are profitable but pay few taxes...