Word: sectoral
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Dates: during 1980-1989
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...Underclass; neither accepts the word's implication that there are Americans who cannot even reach the first rung of the economic ladder. Such linguistic prissiness and ideological timidity make addressing the problem even more difficult. As for solutions, the candidates echo each other. Bush: "A job in the private sector is the best antipoverty program that has ever been invented." Dukakis: "Full employment is the most important human-services program we have...
...children have to work? -- has a yes-and-no answer: yes, but not unless reliable day care is provided. Massachusetts' ET program and the Moynihan bill place great emphasis on day care. But this must be accompanied by a commitment on the part of the states and the private sector to help finance it. Single mothers receiving benefits could work in day-care centers, constituting an immediately available employment pool...
...there is much that needs to be done, including repairing the urban infrastructure. On other issues, Dukakis has led the way in forging private- public partnerships, and Bush has advocated tax breaks to industries locating in blighted areas. Such a program has to be linked to the private sector so the jobs lead somewhere. Labor unions, which once opposed low-paying jobs programs, should be invited to join in or butt...
...force industry to become "self- financing" -- to fund current production from the proceeds of past sales -- has run into bureaucratic snags, with central planners continuing to exert control over factory operations by placing "state orders" that effectively determine how much factories produce. Plans exist to revitalize the agricultural sector with a podryad, or contract, arrangement modeled on the highly successful family-contract system instituted by China. But this land- leasing scheme has not yet become common enough to indicate whether it will galvanize the Soviet Union's underproductive farms...
...science research, on education, on health -- a form of investment rather than present consumption? (Answer: a lot, but less than in the past and not enough to excuse the present deficit.) Apart from deficit reduction, do we need new policies to encourage savings and investment in the private sector? (Answer: perhaps, but be suspicious of both conservative schemes that amount to new tax breaks for rich folks and liberal schemes that amount to Government officials trying to play business better than businessmen.) Are trade restrictions a sensible way to reduce consumption of imported goods? (Answer...