Word: businessmen
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...decade on a global battlefield. And it threatens to grow more intense. The tactics of combat include assassinations, kidnapings, skyjackings and bombings, as small cells of urban terrorists attack the institutions of the world's industrial democracies. The principal victims are not soldiers but civilians: public officials and businessmen, as well as schoolrooms of children, planeloads of tourists and trains packed with commuters...
...increased around officials. In Bonn, concertinas of barbed wire encircle government buildings, sandbagged gun emplacements protect door ways and guards with submachine guns patrol the grounds. The limousines of government officials speed along city streets tailed by escort autos with automatic weapons poking out from windows. Top-level businessmen constantly vary their daily schedules (making it difficult for terrorists to set traps for them) and are accompanied everywhere by bodyguards. (That did not help Schleyer. His three bodyguards were killed when he was captured.) Even those who are not likely to be targets of terror are affected. Observed a Dortmund...
...Georgia populist rather than the fiscal conservative he has often seemed. Says Frank Borman, the former astronaut who now heads Eastern Air Lines: "He is casting suspicion on business in general, and that is unfortunate. He doesn't have a very good idea of what 90% of the businessmen in this country are like." Adds Edson Spencer, president of Honeywell Inc., the computer maker: "The way he said it makes you think there is some instability there. You think, 'If that is the emotional way he feels about the oil companies, it might be me next...
Uncertainty about the Carter Administration among business leaders is particularly dangerous because it gives them one more reason for holding back on the expansion programs that are necessary to keep production I growing and bring down unemployment. And businessmen already have plenty of cause for such caution. The deep recession of 1973-75 shook their faith that the economy would keep rising, with only minor setbacks; the double-digit inflation of 1974 made them doubt that they could realistically estimate future costs; the Arab oil embargo of 1973 and the fears of energy shortages that followed caused them to wonder...
...until the bitter congressional fight over the President's energy program is resolved, and thus avoid getting the tax-revision proposals entangled in that scrap. Also, the White House has lately become increasingly concerned about possible sluggishness in the economy next year, and about the stiffening resistance of businessmen and some Congressmen to the tax-reform plan, even before it has officially been announced. In order both to pep up the economy and, they hope, disarm critics, Administration planners are subtly shifting the emphasis of the tax package from a program of reform to one of stimulative tax cuts...