Word: socialized
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Dates: during 1970-1979
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...excessive regulation of the auto industry. Last year he helped defeat Carter's complex hospital cost-containment bill because he felt it was "a cure worse than the disease." Stockman's main goal is to reduce the role of the Government in society and to chip away at "the social pork barrel?the tremendous pressure of parochial, narrowly defined interests...
...beneficial change and looks instead to forces "from the principled minority." Wills, who spent six years in a Catholic seminary, says that "the Gospel's concerns are the ones that seem to me to be conservative in the right sense: concern for the poor, concern for peace, concern for social harmony." A humanities professor at Johns Hopkins and a classics scholar, Wills has written scathingly of Richard Nixon (Nixon Agonistes) and brilliantly of Thomas Jefferson (Inventing America: Jefferson's Declaration of Independence). His latest work: Confessions of a Conservative. Wills' column appears in 70 newspapers...
...Economic Research in Cambridge, a private organization financed by grants from foundations and corporations, highly respected in the profession for its study of economic cycles. The cure for what ails the American economy, argues Feldstein, is more capital investment, helped by tax incentives. He believes the Government should lower Social Security taxes to encourage private savings and make unemployment benefits taxable to remove incentives...
...predictably though and cool. An ardent opponent of American investment in South Africa, Jackson was unimpressed by token attempts of some of the 350 American firms doing business in the country to challenge apartheid. Said he: "U.S. companies don't realize that real issue is not just providing social services but social change...
After a week of firsthand observation, Jackson conceded that the problem of producing meaningful social change was more difficult than he had imagined...