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...Iowa, for instance, the cry has gone up against liberal Democratic Senator Dick Clark that he is nothing but "a clone of Teddy Kennedy." Republicans had better take a second look. As his words to the mayors in Atlanta show, Teddy Kennedy is talking about ways to keep the lid on spending. He is even arguing that his $27 billion national health-care plan is the essence of frugality; otherwise health costs will be even higher. Teddy's heart may not be in the same place as the heart of Howard Jarvis, but Kennedy and his friends are getting...

Author: /time Magazine | Title: THE PRESIDENCY: Pied Piper on the Potomac | 7/3/1978 | See Source »

...share. Government must curb spending, companies must hold down prices, unions must settle for smaller pay increases. That, in brief, is Jimmy Carter's three-sided strategy. For the past two months, the White House has been lecturing Congress on spending and badgering business to put a lid on prices. Last week it was labor's turn in the spotlight, and the results were not encouraging...

Author: /time Magazine | Title: Business: Bad News from Big Labor | 7/3/1978 | See Source »

...ever conducted. More than 117,000 replies overwhelmed the ballot counters, who reported that sentiment solidly supported sharp cuts in all taxes-property, sales and income. The Boston Herald American in a similar poll found that about 80% of responding readers backed a proposal to place a lid on property taxes at 2.5% of market value. A bill to do just that was introduced in the Massachusetts legislature by four Republican lawmakers...

Author: /time Magazine | Title: Nation: All Aboard the Bandwagon! | 6/26/1978 | See Source »

...price increases below the average of the past two years. A scattering of the nation's largest companies have agreed to cooperate on the question of executive salary increases, but until Bethlehem, only a few, such as Kaiser Aluminum and Ford Motor Co., have actually put a lid on prices as well...

Author: /time Magazine | Title: Business: A Long Way from Waterloo | 6/26/1978 | See Source »

Northern statesmen, with much justice, have regarded this rhetoric as a kind of impractical Robin Hoodism. But with no discernible justice, the industrial countries have kept a tight lid on their assistance to LDCs. Japan spends only 0.21% of its burgeoning G.N.P. on foreign aid, vs. a U.N. target of 0.7% for industrial nations; the U.S. figure is 0.27%. True, the U.S. carries the heaviest defense burden in the non-Communist world. But Congress has foolishly sought to forbid aid to countries producing goods that compete or even might compete with American products...

Author: /time Magazine | Title: Time Essay: The Case for a Global Marshall Plan | 6/12/1978 | See Source »

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