Word: guye
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Dates: during 1970-1979
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...would have gone further than Fed Chairman Volcker: "I would also have announced some major curtailments of federal subsidy programs for credit, such as programs to subsidize mortgages and student loans." He predicts that the chairman will stick to his stern policy: "Volcker is a tough guy, although pressures on him to soften his position are likely to mount...
...being aggravated by new government austerity bites: a punishing jump of a full percentage point in employees' social security contributions and increases in the government-controlled prices of items ranging from rail and air tickets to cigarettes and gasoline (to $2.75 per gal.). Charged Georges Séguy, head of the Communist-dominated C.G.T. union: "This is not austerity, it's plunder...
...indifferent to small projects. Harris J. Bixler, president of Boston's Avco Everett Research Laboratory, contends that new products that promise tidy but unextravagant revenues go unsupported by Big Business even though the initial investment might be low. Says he: "Large companies could care less about the guy who has a $100,000 idea. They'd lose that in the paper-clip account." Such technological triumphs as Xerography and Polaroid film were developed by small innovator-entrepreneurs only after larger firms turned down the ideas...
That's it. All right, so the guy's no Shakespeare...
...Chances are it would be abused, even worse than Medicaid and Medicare," he said. "There is simply a limit as to how much you can spend. It sounds cruel, but do you spend $500,000 to keep a guy alive for four months...