Word: investers
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...began, as any self-respecting laborer would, to invest importance in my work. I cared if my endcaps looked nice and full, and I developed a distinctly casual style in wielding my cutter. I took pride in my ability to steer up to six shopping carts at a time from one end of the store to the other. I considered it a challenge each time a customer asked about the location of an obscure Super-Saver product, and I began to memorize aisle numbers. For my efforts, I was given increased power and was eventually assigned to sort the incoming...
...advisable. More importantly, however. Democrats see high inflation and unemployment as symptoms of an economy that is failing to use its vast resources efficiently. Therefore, we urge targeted efforts to ensure the more productive use of capital, labor and technology. Tax incentives should be offered to business that invest in productive plant and equipment. Federal funding for civilian research and development must be expanded, not cut, as the Republicans propose. Finally, we must tap the unused resource of millions of able-bodied Americans who cannot find work. Government and industry must work together to provide training, not for "make-work...
...House Ways and Means Committee opened hearings into Reagan's tax plans last week on a sour note. Democrats assailed the President's argument that his proposed individual tax cuts would inspire people to save or invest rather than to simply consume more and increase inflation. Texas Democrat J.J. Pickle scoffed at this approach as "jelly bean talk." New York Democrat Thomas Downey acidly told Treasury Secretary Donald Regan: "I do believe a lot of your assumptions are hallucinogenic." Replied a shaken Regan: "I resent that. To call the Treasury Secretary of America . . ." Downey interrupted: "You cannot cite...
...equal the job she lost at Bendix. Agee had made her his top assistant in charge of planning the corporation's intended metamorphosis from a staid manufacturing and natural resources concern into a high-technology conglomerate. Seagram has a task of similar magnitude: it must invest the $2.3 billion that it reaped last year from the sale of its U.S. oil and gas properties. But Cunningham will not be directly involved in this enterprise...
...fiscal 1981. (Estimated Soviet military spending this year is the equivalent of $225 billion.) Reagan aides are talking of increasing Carter's 1982 request from $194.6 billion to $220 billion-even as they consider slicing $50 billion out of spending on nonmilitary programs. Finding the right amount to invest in America's security will be one of the most difficult budget questions facing the Reagan Administration and Congress. But just as difficult will be the question of how to spend that money wisely...