Word: socialized
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Dates: during 1970-1979
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What pushes Same Time, Next Year from silliness into bad taste is the writer's pretentiousness. Not only does he trivialize marriage and sex for cheap one-liners, but he also manages to plunder the social history of three decades. In Slade's hands, even the Viet Nam War is a cue for hokey costume gags and mechanical changes of dramatic pace. The man has no shame...
...growth came during the New Deal, when such agencies as the Civil Aeronautics Board and the Securities and Exchange Commission were started. But most of the excesses that are drawing fire were born in the mid-1960s and early 1970s, when the focus turned from industry control to social reform and a large number of new bureaus were formed, including the Environmental Protection Agency, the Occupational Safety and Health Administration, the Equal Employment Opportunity Commission and the Consumer Product Safety Commission...
Where newer agencies like the EPA and OSHA are concerned, even the most ardent deregulators want some rules to remain, admitting that it is impossible to put a dollar price on social welfare. But at the same time they argue that there are now too many silly, contradictory and ineffective rules that snarl enterprise in red tape. Above all, they see a need to identify and enact sensible changes that would allow regulation to achieve much the same social goals in a less wasteful way and with a much smaller damage to other, equally important economic goals, including job-creation...
...safety regulations cut 1.4 points per year from U.S. productivity growth between 1967 and 1975. "There can be no doubt," says a study by the President's Council on Wage and Price Stability, "that much of the productivity collapse in mining and in utilities can be attributed to social legislation that protects the environment and safety of miners...
...consists of some consumerists, some labor leaders and many of the regulators themselves. They argue that the costs of regulation are inflated by businessmen. They also claim that such calculations fail to take into account the hidden costs of dirty and dangerous production and do not allow for the social and invisible economic benefits of regulations. How, they ask, can anybody put a price tag on life and health? What is a few billion dollars here or there if thousands more workers will not suffer and die from cotton-dust poisoning or asbestos-caused cancers? Says Labor Secretary Ray Marshall...