Word: dilemmas
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...legislation passed in 1981, federal income tax brackets will be subject to indexing starting in 1985. Indexing will automatically adjust the brackets to keep taxpayers from paying a higher percentage of their income simply because of inflation. But that will hold down revenues and help perpetuate the deficit dilemma. Given Congress's reluctance to make necessary cuts in spending and Reagan's determination to boost defense outlays, Schultze, Heller and Eckstein contended that the best way to shrink the budget gap may be to scrap the indexing plan. If Congress decided immediately to repeal indexing, the action might...
Scheer's book leaves the false impression that never before have senior officials sought to develop a "nuclear-war-fighting capability." Since the dawn of the atomic age, and particularly since the mid-1960s, American strategists and political leaders have had to ponder an inescapable dilemma: unless the U.S. has a credible answer to the question of what it would do if deterrence fails, deterrence itself is not credible...
...differing views of the year ahead. The first assumes firm action against out-of-control public spending and a roaring budget deficit, and the alternative outlook assumes no action at all. According to Carli, the bizarre bureaucratic maneuver was a dramatic demonstration of the political dilemma facing the country. The present mountainous deficit of $52 billion amounts to fully 15.5% of the gross national product, and threatens if unchecked to push inflation, currently at 16.5%, to 21% during the year ahead while holding back growth to no more than about 1.5%. Even so, the newly formed coalition headed by Christian...
...OPEC Dilemma How to handle the glut...
...British in the Boer War, grow diamond hard with circumstance until today they speak more readily of Armageddon than of dinner. Yet the best of them can see the tragedy of the blacks as the reverse image of their own history, and acknowledge the need for justice. Their dilemma may be insoluble, but whatever answer the future will provide, as one farmer puts it, is "waiting in the shadows." Barbara Villet's unique and grieving work illuminates those shadows sufficiently to prompt sympathy, and to engender hope...