Word: importent
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Dates: during 1970-1979
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...leading foe of the ERA, charging that the International Women's Year conference in Houston was dominated by "militant Marxists" and "lesbians." He claims that President Carter sold out to the Russions by cancelling B-1 Bomber production. He led an unsuccessful fight to lift the Rhodesian chrome import ban. His proposed constitutional amendment prohibiting abortion was so strong that it basically outlawed...
...practical measures aimed at making the U.S. more competitive in world markets, and of policy directives intended to alleviate Government obstacles to trade. On the practical side, the President ordered a modest expansion of the federal machinery that helps American businessmen sell their goods abroad. For example, the Export-Import Bank, which provides low-cost loans to foreign buyers of American goods, will be given more generous financing. Also, the Small Business Administration has been authorized to advance as much as $100 million in loan guarantees to little firms that engage in exports...
...because much of their profit is returned home in the form of retained earnings ($20 billion in 1977). Yet in a world that still reckons trade on a nation-to-nation basis, the great productivity of the multinationals abroad does not help the appearance of the U.S. import-export numbers...
...finished products. So rather than worrying about the LDCS' "minuscule" exports of such products, McNamara said, the richer countries would be wise to help the LDCS continue to earn the foreign currency that they need to buy the developed countries' goods. Citing a list of new import barriers erected by the U.S., Britain, Canada, France and other manufacturing nations against Third World shoes, textiles, TV sets and other products, McNamara warned that "excessive protectionism is not only unfair. It is self-defeating...
...consumer is a double victim of the energy problem. First, we are victims of the oil companies with their rigged prices, artificial shortages, bookkeeping juggles, and growing control of all sources of energy. Second, we are victims of the U.S. government, with its blind reliance on the price mechanism (import taxes, natural gas deregulation) to force conservation. Vast amounts of energy consumption are simply built into the system, with interstates, suburbs, glass buildings, etc. The only way to force conservation without penalizing the poor or adding to the corporate coffers is to ration energy...