Word: prods
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Dates: during 1970-1979
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...almost certainly a mistake, another self-deception, to assume that President Nguyen Van Thieu could fight the other side to a standstill without U.S. troops or airpower. Even though large numbers of South Vietnamese clearly still wanted to fight the Communists, it might have been far wiser to prod Saigon into a compromise with the Communists...
Such a massive stimulus could prod the economy back to positive growth as early as June, says Economist Otto Eckstein, the chief of Data Resources, Inc. But Greenspan, Treasury Secretary William Simon and other conservatives fear that overstimulation will aggravate inflation just when it seems to be coming under control. They would much prefer the smaller, $22 billion tax-cut proposal, which they figure would be enough to bring on recovery soon after midyear. One dissenter to the mildly optimistic forecast is Arthur Okun. He reckons that even with a tax cut, recovery could be six months off-and perhaps...
Democrats: A recommendation that the Federal Reserve Board expand the money supply by 6% or more in order to make more credit available and quickly bring down borrowing costs. (The rate grew by 4% in the past quarter.) The proposal also calls for the Fed to prod banks to allocate credit to housing, farming and electric-power producers, and away from "speculative and inflationary uses...
Taped Voice. By law, the NTSB cannot order the FAA to take action, but it can prod hard. On Oct. 8, NTSB Chairman John H. Reed sent Butterfield an official letter about the "unprofessional conduct" demonstrated by a few U.S. flight crews. To document his concern, Reed cited a number of horrifying incidents resulting from sloppy flying in recent years-a DC-9 striking the water and then bouncing safely into the air while nearing Martha's Vineyard; airliners running into trees, cottages and a sea wall while approaching airports; a DC-9 hitting the runway so hard...
Such gentle prodding could easily turn into tougher tugging if the ratification process continues to stumble slowly along. Certainly, a rank-and-file rejection of the contract--the first such grass-roots referendum ever in an autocratic union that has had the likes of John L. Lewis and W.A. (Tony) Boyle as its advocates--might prod Ford to choose his option of an 80-day, back-to-work, cooling-off period under Taft-Hartley instead of beginning the complex negotiation and ratification cycle again. Whether the miners--a group of workers who, by virtue of the very interdependent nature...