Word: loosens
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
President Ford, who has been drawing ringing cheers from audiences of businessmen by promising to get the Government "off your back," took a first step last week toward making good on his rhetoric. He sent to Congress a plan to loosen greatly federal control of airlines-the tightly regulated industry -with the aim of introducing enough new competition to lower fares significantly. The response to this plan could not have been more different from that to Ford's speeches: airline executives forecast disaster if the President's proposed reforms ever go fully into effect, and critics predicted, probably...
Economic Ties. For a number of Asian nations, the most prudent step seemed to be to loosen their ties with Washington. Even before the triumphant Communist offensive in Viet Nam got under way, Bangkok asked that...
...been sent to schools in Europe and the U.S. Unlike Faisal, Fahd has a weakness for certain Western luxuries; he drew criticism from conservative Saudis when he spent five months vacationing in Europe last year, staying there even through the holy month of Ramadan. Still, he is unlikely to loosen up the country's rigid Islamic ways abruptly...
John Bunting, chairman of the First Pennsylvania bank, argues that the Government has already waited much too long to loosen up and stimulate the economy, and that the longer it dallies the greater will be the risk that it will do too much too late. Says he: "Ultimately, we will have more inflation as a result of the Administration's tolerance of high unemployment than we would have if it were thwarted right now. [Treasury Secretary] Bill Simon says that he is horrified by the size of the deficit-well, I would be horrified if the deficit were...
TIME Soundings found that Americans generally want to stop selling wheat to the Soviet Union (57% agree that sales should be stopped v. 14% opposed), trim foreign aid even to friendly nations (38% v. 17%), loosen up credit (44% v. 24%), bring back wage and price controls (35% v. 26%) and cut defense spending (35% v. 28%). On at least one point, the public seems to agree with Ford. By 34% to 27%, those polled were willing to give some tax incentives to business-even though many blame big business for inflation-if the incentives would improve the economy...