Word: reductionisms
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Dates: during 1970-1979
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The central issue in this battle, as in most Washington disputes, is money. Pentagon budget planners accuse the Navy of waste and mismanagement and of failing to set priorities among its various missions. The Navy's $41 billion slice of next year's proposed $126 billion defense budget is the...
(5 of 11) think that a balanced, 600-ship fleet, with 14 or 15 battle groups, would give us substantial assurance of being able to carry out our strategy with confidence of victory. With a twelve-carrier force [in a 525-ship fleet], it is worrisome." And a fleet smaller...
DIED. Jacques Léon Rueff, 81, free-market economist who helped Charles de Gaulle put France on the road to financial reform after 50 years of inflation and deterioration of the franc; in Paris. A firm advocate of the gold standard as an economic foundation for all Western countries...
In your "Ten Ways to Cut Inflation," you fail to mention the most effective way to deal with the problem. Inflation, the result of too much money relative to the amount of goods produced, can be curtailed by a reduction in the rate of growth of the money supply. Without...
Members of Congress, as well as President Carter, see the committee as one step in the fight to simplify and reorganize government. Wellington said, adding that certain congressmen have formed a bipartisan Congressional Paperwork Reduction Group which plans cooperate with the committee.