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...demand big raises to catch up with past inflation and protect themselves against future price boosts, and of companies to pass along all cost increases and add a bit more, makes inflation accelerate. At first Carter contented himself with pleas for restraint and named Robert Strauss as special counsellor on inflation to do some mild jawboning. Strauss's six-month tenure will be remembered mostly for one rueful wisecrack: "The score is inflation 100, Strauss 0." In October, Carter replaced him with CAB Chairman Alfred Kahn and proclaimed formal guidelines with some teeth. The rules: labor should hold wage...

Author: /time Magazine | Title: Business: 1979 Outlook: Recession | 12/25/1978 | See Source »

Luis de Sousa, Press Counsellor for the Portugese Embassy, said Tuesday that in 1975, Carvalho and others were accused of breaching military ethics and as a result he is legally bound...

Author: By Rose C. Palermo, | Title: Portugal Denies Visa to Leader In Revolution | 11/9/1978 | See Source »

...draft proposal for the SHS program states that "the SHS adviser-counsellor fills the role of a clearly defined peer counsellor...

Author: NO WRITER ATTRIBUTED | Title: Moses Sees Approval of Counsellors | 7/11/1978 | See Source »

...Appointed Robert Strauss, the witty and smooth-talking Texan who has become the Administration's trade negotiator and chief troubleshooter, as the President's special counsellor on inflation. That presaged a step-up in efforts to jawbone against excessive wage-price boosts, with Strauss as the premier jawboner...

Author: /time Magazine | Title: Business: Next Round Against Inflation | 4/24/1978 | See Source »

Just how close are Burns and Carter? Liberals fear that they might be turning into the political Odd Couple of all time-Carter the grinning lifelong Democrat; Burns the somber, smoke-wreathed Republican. Burns, after all, was Dwight Eisenhower's chief economic adviser, Richard Nixon's Counsellor and, though theoretically removed from politics when he was named Federal Reserve chairman in 1970, a close confidant of Gerald Ford's. During the campaign, Candidate Carter rapped Burns' Federal Reserve for its conservative monetary policies. He also made much of a proposal to make the term...

Author: /time Magazine | Title: POLICY: Arthur Burns: Born Again at 73 | 6/6/1977 | See Source »

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