Word: democratics
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Dates: during 1970-1979
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...price increases to firms that are making a bigger rate of return on their sales than during a base period. In the present economic upsurge, quite a few big companies are hitting their profit-margin ceiling. Arthur Okun, a member of TIME'S Board of Economists and a Democrat, agrees that the test "is counterproductive as far as efficiency is concerned." Overly profitable firms can always lower their earnings through heavy spending. Some economists, notably Federal Reserve Chairman Arthur Burns, would also like to trim the present wage guideline of 5.5%, but the Administration recognizes that it would have...
...CORPSE of the McGovern campaign, bloodbrowned and biodegrading, has been twice mashed into compost in the past week by the country's leading Democrat. With the subtlety of a retreating army, Senator Kennedy has abandoned hard-fought liberal positions in a drive to improve his position...
...stylistically, in the new Administration is Labor Secretary Peter Brennan, a lifelong New York Democrat with a rough-and-ready tongue and no apologies for grabbing all he can for the workingman. Nixon reached deep into the labor movement to pluck out Brennan, president of the New York City and New York State Building and Construction Trades Councils. He is the first rank-and-file union member appointed to the post since President Eisenhower chose Martin Durkin, a plumber. But Brennan speaks the President's language on many issues, especially patriotism and the Viet Nam War. His appointment...
...members: Co-Chairmen Lucy Wilson Benson, president, League of Women Voters, and C. Donald Peterson, associate justice of the Minnesota Supreme Court; Barry Bingham Sr., chairman, the Louisville Courier Journal; Stimson Bullitt, president, King Broadcasting Company (Seattle); Hodding Carter III, editor, the Delta Democrat Times (Greenville, Miss.); Robert Chandler, editor, the Bulletin (Bend, Ore.); Ithiel de Sola Pool, professor of political science, M.I.T.; Hartford N. Gunn Jr., president, Public Broadcasting System; Richard Harwood, assistant managing editor, the Washington Post; Louis Martin, editor, the Chicago Defender; John B. Oakes, editorial page editor, the New York Times; Paul Reardon, associate justice, Massachusetts...
...post three days before the election. In Congress since 1962, Gibbons contends that his brand of strong leadership would give Albert the muscle he needs to compete on a more equal level with the White House. Gibbons says of Albert: "He was schooled in responding to the White House. Democrats had been in power for so long, with a Democrat in the White House and friendly people in the agencies, that we grew to be overly solicitous of the White House point of view." For the moment, no one was looking to the Democratic House to provide a very effective...