Word: reductionisms
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Dates: during 1970-1979
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But these developments promise only cosmetic change. More thoughtful reformers suggest that fundamental changes are necessary to keep the legal system from being finally overwhelmed by the growing tide of suits. Such ideas necessarily involve a de-emphasis of the venerable adversary system and a reduction in the influence of...
In some states, surpluses and what to do with them have become a hot political issue. Opponents of Arkansas' Democratic Governor David H. Pryor's tightfisted spending policies are demanding that he call a special session of the state legislature before the May and June primaries to decide...
Hold Down State Wages. Having urged a reduction in federal pay increases, the President then could ask states and localities to hold raises for their employees to 5% or less.
Cut Local Taxes. If their projected wage increases were reduced, the states and cities could trim their sales, income or property taxes. Another reason for reduction: many states and localities are enjoying budget surpluses.
The President has said that when he returns from his over seas trip this week, he will produce a comprehensive anti-inflation plan. His economic advisers urge him to take a tough stand by calling for a reduction of subsidies, regulations and the growth of spending. Clearly, the immediate risks...