Word: investments
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Dates: during 1990-1999
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...much as we might hate to do it, we should emulate Japan's economic model in this case at least. With only about one percent of its economy devoted to defense, Japan can invest in education and training while curbing government debt. The federal government does not need to control the economy in the manner that Japan does, but it should offer enough social programs to produce a smooth transition away from the military-dominated economy...
Clinton included tax breaks for new firms and new investments in plant and equipment. He asked for more spending for infrastructure (highways, mass transit, a network to link up public facilities)--the kind of thing that will make the U.S. more productive in the long run. He included $3 billion here for energy research and development and $5.75 billion there for tax incentives for those who would invest in low-income housing...
McElroy said the grant money will also give the Committee on the Environment venture capital to invest in creative interdisciplinary research projects which otherwise would not be possible...
...same time, Ueberroth found himself initially scorned. He approached mostly big corporations at first, urging them to invest cash in the poor neighborhoods, but found them wary. He ran into resistance too from minority business people, who resented him for playing the role of the Great White Hope. As the months wore on and much of inner-city Los Angeles remained in ruins, citizens found it easy to blame Ueberroth for letting them down...
...Those who shout that the President should firmly adhere to the constitution would fully unmask themselves if they tried to do something unconstitutional while he was away. So I think there's no problem in Yeltsin's coming to Vancouver. ON U.S. SUPPORT: I think you have to invest in the new Russia, in our common future. I mean not just financial investment. I mean also political investment. You should support the process of reform. You should support all those who are realistic. Don't just look at those people waving the red banners. This is not Russia's mood...