Word: forded
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Dates: during 1970-1979
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...President Ford...
...issue flared hottest in the second television debate between the candidates. Then, Ford declared that he would direct the Commerce Department to make public the names of companies that "have participated" in the boycott. Companies are required to notify the Commerce Department of every boycott request they receive. But Ford's phrasing seemed to promise more than he had meant. The next day, the Administration had to back off. Commerce Secretary Elliot Richardson announced he would release only those Arab requests made to U.S. companies after Oct. 6 -the day of the debate-since earlier reports had been made...
...unfathomable reasons-and others are dropped, often after paying the right fixer or offering lucrative investments in Arab lands. The only copy of the list that Washington has is dated 1970. Among those on the list: Motorola, CBS, Republic Steel, Kaiser Aluminum, RCA, Xerox, Lord & Taylor, Owens-Illinois, Ford, Coca Cola, Zenith...
...figures came at an inappropriate time for an election-conscious Ford Administration. During the past nine months, the budget was providing less of a push to the economy than the White House had intended. The shortfall probably was one reason for the pause in the U.S. economic recovery Explains one Washington economist:"We are worried about this pause, and we get more worried every day. This shortfall is just one more worry " It is sure to strengthen the hand of liberal economists who believe Congress should act early next year to give the economy another boost, probably...
Bubble Effect. Ford's chief economic adviser, Alan Greenspan, is concerned that the shortfall may lead "to an acceleration of spending later on." But he is not pleased with the prospect and cautions that a "very bad fiscal-policy decision" could cause the economy to overheat and drive up inflation. Just how much new spending will be touched off by the unused $9 billion remains to be seen. One guess: not much. Deputy OMB Director Paul O'Neill doubts that there will be any "bubble effect" and predicts that overall spending for the current fiscal year, which ends...