Word: buts
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Dates: during 1970-1979
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Don't spend and spend, but cut, trim and hope for the best
George Bush advocates a $20 billion tax cut in 1981. Teddy Kennedy thinks a pump-priming cut may be necessary in 1980, but is not yet sure. John Connally wants a crowd-pleasing $50 billion to $100 billion tax reduction spread over three to five years, while Howard Baker figures...
The main challengers to Jimmy Carter are beginning to stake out positions on that premier fret of the American public: the economy. So far, they are producing no ideas that seem much different from or better than Carter's but only an array of me-too remedies that are...
Edward Kennedy: Though his advisers include Keynesian luminaries Walter Heller, Joseph Pechman and Arthur Okun, Kennedy is playing down his 17-year Senate record as a liberal Big Spender and emphasizing his economic "pragmatism." Last week Mobil's outspoken public affairs vice president, Herbert Schmertz, joined the Kennedy campaign...
No one knows how much his proposed National Health Insurance plan would cost; estimates range from $28 billion to $45 billion a year. For many years he urged Robin Hood-style tax "reform" and a closing of capital gains benefits, but he has not lately repeated that theme.