Word: impacted
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Dates: during 1970-1979
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...held up fairly well, business investment in new plant and equipment is picking up a bit, and both should be spurred by the tax reduction of $16 billion to $18 billion a year that Congress is about to enact. In 1979, though, that cut will just about offset the impact of higher Social Security taxes and the erosion of both consumer and business purchasing power caused by inflation...
While the devaluation of the dollar may be the most dramatic measure of the U.S.'s reduced clout in world commerce, another event may ultimately have a greater impact on the nation's economic health. It is the shocking decline of good old Yankee ingenuity, otherwise known as research and development...
...Connor sees the increasing fiscal burden on the state and consequent conflicts over taxation as ongoing and intensifying challenges to contemporary capitalism. Although he acknowledges the impact of cost sharing and other schemes to support rising state expenditures he argues that the fiscal gap is a basic structural implication of capitalism. The current fiscal crisis, O'Connor concludes, results from the contradiction within a state which socializes costs without socializing profits...
...Jerrold Gibson '51, director of the office of fiscal services, said yesterday the provisions on student loan defaults would probably have little impact on Harvard loan defaulters, adding that he cannot recall any cases of former Harvard students declaring bankruptcy to escape debt since the new law took effect last year...
...smoking Frenchman has brought an unprecedented measure of subtle and sometimes anti-government editorializing to French TV news-to the chagrin of about 75 viewers each week who write him to protest. He delivers himself of stronger opinions off-camera. Last year he produced a serious book about the impact of TV on French society. Called Violence and Fear, it has become a bestseller...