Word: saves
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Dates: during 1970-1979
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...order to encourage investment and attendant generation of jobs in the private sector. With considerable vision, Ford has bucked the big-spending Democratic Congress in favor of fiscal responsibility. Through veto after veto he has condemned deficit spending and debasement of the currency as sure to destroy incentives to save, to invest and to create jobs...
...policy featuring massive unemployment and now even a threatened return to full-employment inflation; an undemocratic foreign policy that has helped bless the world with an intolerably repressive regime in Chile, prolonged killing in Vietnam, and belated, expedient moves against the white minority government in Rhodesia apparently only to save that of South Africa; an approach to civil rights highlighted by the administration's recent blocking of public school surveys vital to enforcement of civil rights legislation and Ford's inflammatory flirtation with Boston's busing opponents; a tax policy that effectively increases social stratification instead of countering the regressive...
When Mr. Kotchian arrived in Japan on that August day in 1972, his mission was nothing less than to save the Lockheed Corporation from impending bankruptcy. The company was then, and is now, the largest defense contractor in the United States. (Corporate sales in 1975 amounted to an estimated $3.5 billion.) But in the late 1960's, Lockheed's management had made a major decision to diversify its business and compete with Boeing and McDonnell-Douglas in the manufacture and sale of commercial airliners. Lockheed had thus developed the L-1011 Tristan wide-bodied jumbo jet, but the program...
Fallows does not believe he has experienced any "violent" change in his world outlook since leaving Harvard. He contrasts himself to classmates who swung sharply to cynicism and professional school after their search to "save the world and root out evil" was frustrated. Nor has he gone the route of some of his classmates who, because "there was such a moral sickness in those days...ended up doing a lot less respectable things than they would have if they had gone to other places...
...wield such influence, directly and indirectly, not only on the direction of scientific research but also on actual policies." One of Friedman's most influential achievements goes back to the 1950s, when he refuted a once widely accepted element of Keynesian economics: the idea that rich people save a greater proportion of their incomes than do the poor. Among other implications, this meant that developing countries should preserve a big gap in income between rich and poor, in order to encourage growth. Friedman countered that notion with his own theory of "permanent income": Whether rich or poor, consumers will...