Word: repeals
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Dates: during 1970-1979
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...Repeal a complex of laws, regulations and practices that prop up prices for the benefit of special interests. Economists at President Ford's September summit meetings spotlighted 32 such rigidities. Among them: the Davis-Bacon Act, which compels contractors to pay inflationary wages on federally assisted construction projects; the Jones Act, which forbids shippers to use low-cost foreign vessels to move goods from one U.S. port to another; misnamed fair-trade laws that permit manufacturers to prevent retailers from cutting prices on brand-name products; agricultural "marketing orders" that restrict the supply of oranges, tomatoes and other products...
...CTOC spokesmen say if it appears that the City Council is going to be voting to repeal rent control, the group will mobilize all contacts in protest. The CTOC's aim is to defeat the increase city-wide, and, failing that, landlord-by-landlord...
...tenants may be fighting a losing battle. Their two weapons are their court action and their possible rallying strength within the Cambridge community. If it is proved that the rent board acted within the law, the only possible outcomes of the battle are for the city residents to repeal the statute, revise the statute or move...
...government pay for the gasoline." But on his own, old Goha turned out to be perhaps a shrewder politician than Nasser, and one of his most astute moves was to proclaim an infitah, or open-door economic policy. Two months after he was installed, he called for the repeal of the "sequestration" orders that Nasser had used to seize the land and property of the upper class. According to some estimates, there are now more millionaires in Egypt than there were under King Farouk. At least some of them have made their piles through kickbacks on government contracts, especially...
Easiest Battle. Prospects for repeal of Fair Trade laws are bright: some states are moving toward repeal on their own. A far tougher fight may have to be waged against alphabet agencies that have become highly independent fiefdoms. So far, White House strategy has been 1) to urge these bureaucracies to weigh the inflationary consequences of their decisions and 2) to maneuver for greater price competition within the existing rules rather than press for outright deregulation of entire industries. Later this spring, Ford plans to preach price-consciousness to the heads...