Word: limited
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Dates: during 1970-1979
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...hiring social workers. He canceled two scheduled 6% cost-of-living increases for welfare recipients, most of whom are children, and then asked private charities to help make up the difference. When welfare mothers gathered on Beacon Hill to protest, King refused to meet with them. He ordered a limit on the number of indigent elderly persons who can be accepted by state-funded nursing homes, producing howls of protest. Last week King backed down, saying the limit was only temporary...
Discourage Inflation and Encourage Stability. Limit the long-term increase in federal subsidies, Government benefits and budget transfer payments to the size of the real increase in economic growth. That is, if the gross national product after inflation rises 3% in a year, these federal payments may rise no more than 3%. Meanwhile, limit the growth in the money supply to a noninflationary 4% to 6% annually, year after year...
Both sides will give and take as the negotiations proceed, but there is a limit to how much Teamsters President Frank Fitzsimmons can bend. If he stays firm and wins a big settlement, that may help him fight off small but growing and vocal dissident movements within his union. The insurgent groups-Washington-based PROD Inc. and the Teamsters for a Democratic Union in Detroit-aim to wrest control of the scandal-scarred union's leadership. The rebels want more democracy and a cleanup...
Some of the demand comes from Europeans, who find the Rockies cheaper than the Alps, but condo buyers are mainly affluent U.S. skiers. A big reason for Aspen's inflation is its restrictive zoning and new growth-management plan, which encourage low-income housing and limit the pace of luxury construction. Says Hans Cantrup, a developer: "The building quota has already been used up for the next three years." Canny Cantrup has growth-management approval for his plans to put up 30 town houses. Price: $1 million each...
...Administration preaches austerity in pay raises as part of its anti-inflation gospel, some state and local legislators have been covering their ears and awarding themselves and other public employees hefty boosts. The irony is that these increases, which sometimes range well above the Government's voluntary guidelines limit of 7%, are made possible because of the rich flow of federal aid to states and localities. In many cases, the money for the raises is available because federal largesse pays for programs that the legislatures would otherwise have to fund. Government programs will this year enrich state and city...