Word: businessmen
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Dates: during 1970-1979
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...government with its own adherents. From the junta down, each body has included not only leftists but also representatives of such moderate groups as Ramirez's Broad Opposition Front and the probusiness Superior Council for Private Enterprise. The unlikely coalition of moderates and leftists could well split if businessmen grow disenchanted with the socialist policies advocated by the Sandinistas. Surprisingly, the first serious threat came from the extreme left. Dissatisfied with the government's plans for building a mixed economy melding public and private enterprise, 60 Latin-American Trotskyites, calling themselves...
Until Carter names a successor, Young will remain at his U.N. post. He will thus complete his one-month tour as Security Council president and probably will lead a group of businessmen on a trade mission to West Africa in mid-September. As for his plans after that, he ruled out running for office in 1980, saying that he intends "to work with President Carter for his re-election...
...history. Because competitiveness and efficiency have declined, and productivity growth, that most basic yardstick for measuring a nation's economic vitality, has slowed, the real cost of producing goods has jumped. Meanwhile, to keep demand up, the Government has created money and credit at far faster rates than businessmen can turn out products and services. The result: too much money chasing too few goods, which is a classic inflation. Largely because of the rapid expansion of money, the average household income is more than twice as much as it was ten years ago, or $16,100. Yet because of inflation...
INADEQUATE INVESTMENT In the 25 years up to 1973, business spending on new plants added about 3% a year to the nation's capital base-plants and machines-but since then the total has risen only some 1.75% a year. Businessmen blame the drop on regulation, profit squeeze, high taxes on capital, and inflation, which saps the confidence that is necessary for investment...
...ever said reading the National Journal was easy, and therein lies its appeal. Launched ten years ago by the Government Research Corp., a small capital consulting firm, the Journal was orginally intended as a tool for businessmen and lobbyists in dealing with Government. But the magazine has also proved indispensable to bureaucrats and legislators, and today that dense, no-fooling Washington weekly has 4,000 subscribers, each willing to pay $345 annually. "We're a sophisticated trade magazine for those involved in policymaking," says Publisher John Fox Sullivan, and the Journal is every bit as thorough-and sometimes...