Word: reject
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Dates: during 1980-1989
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...warding off anti-trust complaints? Society, through the market, has decided it values this the most. In the circular logic of pure capitalism, "utility has been optimized" in the status quo because it is, well, the status quo. Both views unfairly denigrate the ideals of our generation and wrongly reject the possibility of change...
Those who reject capitalism often err in discarding insights of its theory, and in this case social critics mistakenly ignore the simple fact that people act largely out of self-interest. It is not more true today than 20 years ago. It is not too surprisingly, the guiding principle for almost every individual in almost everything he does. One can disdainfully declare this sinful, but that won't change human nature. Or one can apply this economic calculus to understand why so many of us want to work for Ropes and Gray, and so few of us will consider Boston...
...does. At most, Reagan will announce only cosmetic steps to reduce the federal deficit, now estimated at roughly $185 billion for the 1985 fiscal year. He has ruled out pressing for deep cuts in spending this year: that would only rile voters to no avail, since Congress would reject the cuts anyway. The President also has decided against any significant tax increase this year, and might pledge publicly to oppose any boosts. But he also might calculate that such a vow, while it obviously has political appeal, could backfire if it calls attention to his lack of alternative strategies...
...Administration has dropped a proposal to make Medicare patients pay more of the early costs of hospitalization in return for Government assumption of all bills after the 60th day. It saw no point in risking the wrath of elderly voters by putting forward a plan that Congress would probably reject...
...however, Holland's pivotal role in another issue will top the agenda. Alone among the NATO allies destined to receive new medium-range missiles. Holland has not yet made a final decision to accept them. Amid rising fears that the powerful Dutch peace movement could persuade Parliament to reject the deployment, possibly producing a domino effect of repudiation by other NATO countries, the Reagan Administration is counting on Lubbers to hold the line...