Word: nationalizes
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Dates: during 1970-1979
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DOMESTIC ISSUES. For months Carter has let it be known that he would start no expensive new social programs this year. The nation simply could not afford them, and they also could help boost inflation, which last month reached an annual rate of 10%. Carter opposed any major additions to Ford's proposed $440 billion budget for fiscal 1978 which begins on Oct. 1 (see story page 15). Says one White House insider: "There were some who thought all they had to do was take their case to Jimmy and he'd give them what they wanted." They...
...narrow Panama isthmus has become a potentially explosive issue between the U.S. and its neighbors to the south. Almost every Latin American nation supports Panama's demand for control of the canal. The U.S. has gradually recognized that the canal is a colonial acquisition of another age and has conceded the principle of sovereignty. During the life of the treaty, the U.S. and Panama would share control of the canal. At the expiration of the treaty, around the year 2000, Panama would take over. Within three years of signing the treaty, Panama would also acquire legal jurisdiction over...
...apply his controversial zero-budgeting procedure in drawing up the fiscal 1978 budget. This will require every federal department to justify all its programs, not just new expenditures, every year. Zero budgeting will be employed in the fiscal 1979 budget, Carter's first complete fiscal blueprint for the nation...
...pointed out in their letter to Bok, minority recruitment and admissions work requires certain skills and sensitivity in dealing with applicants, other academic institutions and individuals within the university. An innovative person is required to seek out qualified applicants and present the merits of graduate school work to the nation's top minority undergraduates...
...Saltonstall, for his part, seems to have achieved his positions more by accident than by design, although he clearly enjoyed a good political fight. What characterized both their careers, moreover, was a genuinely patrician sense of duty. They had an obligation to serve. But that obligation was to the nation, and national security abroad, rather than to domestic welfare. Neither was cold-hearted about the poor, the black, or the unemployed, but they certainly did not lead any fights to remedy social or economic inequality...