Word: curbed
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Dates: during 1960-1969
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...Texas, Democrat John Connally, after taking his third oath of office, echoed Old Colleague Lyndon Johnson's plea for legislative action to curb electronic eavesdropping. He made another proposal that L.B.J. would not be likely to approve: that Texas submit to the rest of the states a constitutional amendment requiring the Federal Government to return 5% of all federal in come taxes directly to the states. In Nevada, incoming Republican Governor Paul Laxalt proposed a "hold the line" budget...
...many, I think he failed in conquering the true democratic ways the people support. On the contrary, by fighting inflation he meant the he should be unpopular, Actually, he did not curb inflation but to a certain extent, but he could have curbed it bylaw and order and by simply making an effort for more productivity and production...
...think they [the government] try to follow a prescription standardized for all nations by the international monetary fund, which deliberately ignores the degree of development and the degree of culture in each country and prescribes a standardized recipe for all countries to curb inflation. In our case, for instance, we must have a slight degree not of inflation but of emission--provided we increase productivity to get it back next year, or two years ahead. By giving the financial aspect of inflation a first priority and ignoring all the social cultural, and political implications of it, the government not only...
...Karl Blessing's constitutionally independent Bundesbank to implement a "decisive relaxation of credit restrictions." That approach failed to win Blessing's blessing. Fearful that an easing of monetary restraints alone would lead to increased inflation, Blessing insisted that West Germany's federal, state and municipal governments curb their often lavish spending. Otherwise, he said, the country will wind up with "the same stop-and-go policy that has worked so badly in England...
...year when the transitory requirements of politics prevailed over the laws of economics. Early in the year, before inflation became acute, President Johnson might have used all three basic tools that have been popularized by the Keynesian new economics - tax and budget policy as well as monetary policy - to curb the economy's overexuberance. He did not. Says a top official of the U.S. Federal Reserve: "There was a wonder ful opportunity to show that the new economics works both ways, and that with proper tax measures we can not only promote growth but preserve a reasonable balance...