Word: congression
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Dates: during 1960-1969
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...600° and a baby's rattle that was held together with spikelike wires. Under a law signed last month, the Government can ban the sale of toys that present electrical, mechanical or heat hazards. But the law does not become effective until after the Christmas buying season, and Congress disregarded a commission recommendation that the Department of Health, Education and Welfare pretest some kinds of toys for safety. By the estimate of the Product Safety Commission, about 100,000 persons each year are injured when they walk through safety glass; yet builders have repeatedly refused to make it stand...
...been left to the Federal Government to provide most of the protection for U.S. consumers. Congress has already enacted at least 20 major pieces of consumer legislation despite strenuous efforts by most industry lobbyists to defeat them. The lobbyists have been considerably more successful in keeping enforcement of the new rules to a minimum. The favorite lobbyist tactic is to persuade Congress to provide only token funds to administer new laws. Enforcement of the 1966 Fair Packaging and Labeling Act, adopted over vigorous objections from the food industry, has been all but abandoned by the FDA: it has funds...
...Congress to enact a "buyers' bill of rights." The President declared: "Consumerism is a healthy development that is here to stay." Among other things, he proposed the establishment of a new consumer division in the Justice Department and expanded powers that would enable the FTC to seek injunctions against unfair business practices. As Nader and other consumer activists have long been demanding, the President also asked Congress to allow consumers to join together in "class action" damage suits in federal courts against errant manufacturers or merchants. If found guilty of deceptive trade practices, manufacturers would have to bear all legal...
...growth, which would add up to a 6% gain in the gross national product. Unemployment, which unexpectedly fell in November by a half-point, to 3.4%, is expected to rise to about 41%. By Okun's reckoning, corporate profits before taxes will decline 5% or 10%, but if Congress reduces taxes as expected (see THE NATION), the decline in net profits will be only 2% to 4%. That is not quite as bleak a picture as some Wall Streeters have been expecting. Even so, the continuing combination of inflation and slow growth gives investors little pre-Christmas economic news...
Harvard YAF issued a statement lastnight in favor of maintaining ROTC here until Congress abolishes conscription...