Word: shultz
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Dates: during 1970-1979
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...Marian N. Shultz Greenbank, Wash...
...from insisting that a $60.6 billion deficit could not be avoided in fiscal 1979, which started Oct. 1, to slashing that figure to $39 billion. A major problem is that Carter has never chosen one official to coordinate economic policy. Treasury Secretaries like Henry Fowler (1965-68) and George Shultz (1972-74) have often exercised such a role in the past, but Blumenthal has never achieved that stature or authority. Blumenthal deserves some criticism; in addition to his early waffling on the dollar, he badly misread the state of the economy last January. On the other hand, he has been...
...chairman has a prickly relationship with the rest of Government. The President appoints and the Senate confirms the chairman and the six other governors of the board, and thereafter neither can give them orders. Burns has boasted that once, when Nixon's Treasury Secretary George Shultz called on him to plead that the Fed pump out more money, Burns angrily ordered Shultz out of his office...
Bennette Avis Shultz Watertown Mass...
Shrugging off Commoner's comments, Shultz felt that his opponent's arguments had only confirmed his central point: that the market mechanism will work-if only the Government permits it to. It was, after all, the federal underpricing of natural gas and oil that gave the petrochemical industry its edge over older industries to begin with...