Word: gop
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Dates: during 1990-1999
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...GOP job-stimulating strategy represents a top-down approach: providing essentially greater tax savings to the business sector with the expectation that, by extension, this subsequent improvement in its financial performance will-to use an overused and much-maligned cliche (please forgive me)-trickle down to American workers. There's nothing wrong with that idea. It's laudable goal and a positive approach to job-stimulation. Though there's significant debate within academic and political circles about the magnitude of the benefits from such an approach, there's no denying that there are positive repercussions for employment generated by improving...
...approach to job stimulation. There are two basic aspects to the problem of job-stimulation. The first is the reluctance of the private sector (for many reasons stemming from strong competitive pressures, excessive regulation, etc.) to increase its use of labor relative to its historical demand for labor. The GOP proposes to address this aspect of the jobs problem through the mechanism of the capital gains...
Given the inevitability of some kind of tax being offered, a 'human capital (gains) tax' cut is good economics and good politics. This approach may enhance the currently distracting, draining and harmfully digressive debate that appears taking shape between the GOP and the Democrats as both parties attempt to deal with what is surely first among the American public's concerns...
House Speaker Newt Gingrich sternly reminded rebellious House Republicans who are balking on promised GOP tax cuts that President Bush lost his 1992 re-election bid because he reneged on his "Read my lips: no new taxes" pledge. "It destroyed his presidency," Gingrich told a U.S. Chamber of Commerce town meeting broadcast around the country. Gingrich andHouse Majority Leader Dick Armey(R-Tx.) called on voters to put grassroots pressure on the rebel representatives -- 102 of the 230-member GOP caucus -- to "keep our word on theContract." The rebels want to restrict tax credits to families with incomes no higher...
...majority. Exon, who first won the seat in 1978, cited "the ever-increasing vicious polarization of the electorate" as a major reason for his departure. Sen. Alfonse D'Amato (R-N.Y.), who chairs the national Republican senatorial committee, said winning Exon's seat would be a GOP priority. D'Amato's Democratic counterpart, Sen. Bob Kerrey of Nebraska, now has to comb his largely Republican state for a replacement. Says TIME congressional correspondent Karen Tumulty: "It's just one more headache the Democrats don't need...