Word: economice
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Dates: during 1960-1969
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Ayub added: "The country's economic system is paralyzed. Every problem is now being solved in the streets. Mobs surround any place they like and force acceptance of whatever they like. There is nobody left to raise a righteous voice." Accordingly, the President declared, there was no alternative but...
Philosophy of Bullies. Until a short time ago, the Chinese lumped together the Eastern Europeans and the Soviets as unpardonable revisionists. Now, siding wholeheartedly with the Eastern Europeans, Peking condemns the Russians for their political and economic domination of the East bloc. Bemoaning the fate of Czechoslovakia, Chinese propagandists attack...
To the Eastern Europeans, China holds out the promise of increased trade. A Yugoslav economic mission has just concluded a small trade agreement in Peking, and East-bloc countries are expected to be invited to do likewise. The East Europeans, of course, are far too realistic to think that China...
Clearly, the system cries out for reform. It not only distributes the load unfairly, but also has unintended economic and social side effects, ranging from the ridiculous to the calamitous. Ever since federal income tax rates soared during World War II, the opportunity to grow wealthy through hard work has...
Inaction will cause a further festering of the nation's economic and social sores. It will also have a corrosive effect on morals as well as public attitudes. Indirectly, tax inequities can only increase today's growing disrespect for institutions and laws of all kinds. Thus the tax...