Word: constraining
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Dates: during 1970-1979
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...most discouraging aspect of rising oil prices, said Okun, is that the recession will only temporarily and modestly constrain inflation. At very best, the rate of price increases will come down to 8%. After the 1974-75 recession, inflation was 5%, which at that time was considered "intolerable, horrible and unacceptable." Indexing, which automatically raises wages and pensions along with the price index, is not a cure but a disease that institutionalizes inflation, added Okun. He estimates that "if all payrolls were indexed instead of the roughly 15% that are now, the consumer price index would have risen more than...
Tenants also suggested constructing a new building or putting in an underground facility during the Tuesday meeting. "We explained to them that since the GSD's financial fortunes are at the break-even point, economics would constrain us from doing anything like that," Brown said yesterday...
...Check and Balance," says New York's ad miring Republican Congressman Barber Conable, suggesting further that this country has developed a sound understanding and appreciation of the counterforces needed within the Government to constrain careless or inexperienced power. "Arthur is a great politician," adds Conable. "He is a master of the pregnant pause. He knows when to clean his pipe. He can answer the most complicated questions with 'I doubt it,' and the world is thunderstruck with his wisdom. When he comes to testify before any committee, the whole committee shows up. He has the same effect...
NIXON's administration has knocked down measures to protect the environment across the board, from railroading the Alaska pipeline bill through Congress and repealing clean-air standards for vehicle emissions to allowing power plants to burn coal in densely populated areas. He has failed to constrain profiteering by oil companies, who have directly benefitted from the shortage with profits up nearly 100 per cent over a year...
Harvard will accept almost any donation, unless the donor requires that the University forbid certain activities as a condition of the gift or unless the donor tries to impose restrictions on the use of the money that would constrain the freedom of ideas. A recent offer to endow a series of lectures against careers for women was refused on these grounds, as was a gift to the Med School for "the application of music to medical cases as a treatment...