Word: needing
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Dates: during 1980-1989
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...managed to preserve 17,000 units of housing for low-and moderate-income city residents. Although critics of the system love to depict it as riddled with abuses, most of the available data on the subject indicates that rent-controlled housing generally does go to the people who need...
THERE are problems with rent control that need to be addressed. It is a shame that much of the political debate has focused on Proposition 1-2-3 and not on how to refine rent control or replace it with a fairer system...
...solicited $200,000 from Keating for a political committee he controlled. Cranston ! solicited $850,000 from Keating in 1987 and 1988 for voter-registration drives. In Cranston's tight 1986 Senate race against former Republican Congressman Ed Zschau, Keating gave the California Democratic Party $85,000. Of the need for campaign money, Cranston says, "I have tried to change that situation but have been unsuccessful." Incumbents, however, don't try as hard as they might, since the high cost of elections and the ability to raise money from the likes of Keating give them a formidable edge over challengers...
...biggest problem is the vicious circle. We have a population without skills. While we retrain, we must import skills from the advanced countries. For that you need dollars. But to have dollars you have to produce exports. To produce exports you need people with skills...
Such a tax system has two features. First, rates as low as possible. At this late date in the supply-side revolution, you don't need any more sermons about the evil effects of high tax rates. But there is a second, equally important feature. Tax rates should be the same on alternative forms of economic activity. If plumbers are taxed more than electricians, there will be fewer plumbers and more electricians than the free market would dictate. If a tax break goes to timber but not to steel, investment flows out of the steel industry and into the timber...