Word: businessmen
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Dates: during 1970-1979
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Another proposal, originated by Farmington Hills Insurance Executive Richard Headlee, a former director of the U.S. Chamber of Commerce, is backed by an array of conservative businessmen, Senator Robert Griffin and Economist Milton Friedman and has already received 415,000 signatures. Headlee's proposal would hold the combination of state and local taxes to the current figure: 9.7% of total personal Michigan income...
...kind of guy." Despite Watergate, despite the universally acknowledged unlovability of Nixon, he still seems to many Americans "our kind of guy," in rudely definable contrast to "their" kind of guy. It is partly a cultural division-the difference between a sort of Nixon Class (some businessmen, blue-collar workers, large portions of Middle America) and the New Class made up of people who deal in symbols and information, not things: people from universities, Government welfare agencies, publishing houses, the communications industry, consumer groups, environmental causes. All kinds of litmus tests can be applied to identify the New Class: What...
...capital punishment? Do you drive a Volvo? (The distinction is hardly complete or infallible; plenty of businessmen and blue-collar workers detest Nixon.) Some have argued that Watergate was the effort (a successful one) by the New Class to repeal the results of the 1972 election. Well, crime is crime: Congress and the courts, not the New Class, brought Nixon down. But the argument has a metaphorical, symbolic appeal to those who feel Nixon was destroyed for who and what he was, not what...
Miller himself has done enough to produce this switch to make businessmen and bankers look on him as the white hat in a kind of financial western: the new gun who arrived in Washington to rally the citizenry against the enemy, much as the Texas Rangers rode in to restore law-and-order in the Borger of his youth. He quickly put the Fed on a course of raising interest rates sharply, to hold back the inflationary growth of money supply and to keep dollars at home. In private debates and public remarks, Miller has pleaded with the White House...
...board of governors just reminds the public that it is an organization of wealthy businessmen who care about money; financial security and personal happiness before they give regard to the sporting world...