Word: socialism
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Dates: during 1960-1969
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...been dropped from the faculty. (The students are demanding his reinstatement.) To earn a black B.A., San Francisco students will take four basic courses in Negro history, psychology, science, arts and humanities; after that, two areas of concentration are possible. One consists of 14 courses in behavioral and social sciences, such as "Black Politics" and "Black Nationalism and the International Community." Hare describes the purpose of the department bluntly: "It's to teach black students to deal with a society that is self-defined as racist...
...remained in the order under present conditions. I would have been bound to a life of inaction." Instead, Schoenenberger will remain a priest, plans to found an organization of clerics and lay people called Forum Oggi (Forum Today) as a coordination center for new programs in social action and mass media communication...
Despite its 19-item brevity, the Nixon package calls for changes of considerable social-and perhaps political -consequence. It revives the nation's dormant movement toward greater income equality by proposing to tax rich tax avoiders more and to excuse the very poor, students and summer-job holders from paying any federal income taxes at all. In two surprise proposals, the President asked that the 1968 income tax surcharge be cut from 10% to 5% next January and that the 7% tax credit now allowed businessmen who invest in new productive capacity be repealed. That amounts to a sophisticated...
...businesses with less than $25,000 income. Nixon also took aim at some wild abuses by tax-exempt organizations. Among other things, private foundations would be required to substantiate their charitable activities and be barred from financial dealings with contributors, directors or other insiders. The investment income of social clubs and other tax-exempt organizations would be taxed. Churches would have to pay taxes on income earned by businesses they own or operate...
White House economists nevertheless maintain that the economy is performing close to their expectations. They contend that it normally takes about six months before monetary and fiscal measures begin to affect prices. "We must recognize the narrow social tolerances within which economic policy must operate," says Chairman Paul McCracken of the Council of Economic Advisers. "The cold-turkey treatment of sharp deflation is not available in the modern world." If the spring fever proves resistant, the Government's cures should, along with the anticipated seasonal slack, begin to show some results by summer...