Word: retardation
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...state is already committed, notably in such important areas as mental health and education. The remaining money will be distributed among the cities and towns to hold down the astronomical rise of local property tax rates which has driven homeowners and investors out of the state. In order to retard the rapid increase in tax rates, municipal governments have had to cut back essential programs in health, education, and housing. Last month, for example, Mayor Collins declared: "We have tightened our belts to the breaking point...
Johnson added that the higher cost of credit that will result from the FRB's new anti-inflationary policy could retard the nation's rate of economic growth...
...para-military" approach to poverty. Their thesis is that war on poverty ignores a crucial "civilian perspective." The result of this defect is that programs which in theory are designed to increase self-reliance and independence, in fact tend to "enervate potential leadership," and to prevent criticism and retard innovation in favor of maintaining vested interests and the status...
Last week Valencia ordered a 90-day embargo on nearly all imports, hoping to protect the country's depleted dollar reserves. But the ban is more likely to retard industrial expansion and hobble the country's social and economic development. "I am doing all I can," shrugs Valencia. "I am a poor bullfighter with a bad troupe and a very demanding audience...
...good deal more than tariffs serves to retard trade within LAFTA. Political and monetary upheavals discourage long-range trade deals, and export financing is hard to come by in Latin America's tight capital markets. The Latin nations produce roughly the same kinds of basic commodities, sell little to one another. Railroads, highways and ports in many areas range from primitive to nonexistent, and shipping is in short supply. "To intensify trade," says Ecuador's National Planner Raul Paez Calle, "we must have an infrastructure of communications, transport, power supply and, perhaps more important, a human infrastructure...