Word: softener
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Dates: during 1970-1979
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...consumption of gasoline still further, of course, but the inflationary impact will quickly spread throughout the whole economy, since crude oil price increases affect not just automotive fuel but all petroleum products. Enacting a gasoline tax would not only slow consumption while providing less inflationary pain, but would also soften the impact on the economy of future cartel price increases because less foreign oil would be entering...
...further than Fed Chairman Volcker: "I would also have announced some major curtailments of federal subsidy programs for credit, such as programs to subsidize mortgages and student loans." He predicts that the chairman will stick to his stern policy: "Volcker is a tough guy, although pressures on him to soften his position are likely to mount...
...hard selling could soften future markets. The company will launch its 1980 models on Oct. 12, and there is always the danger that the drummed-up demand now could take away from sales of the new cars. Also, the discounts being offered to buyers and dealers are so large that profit margins on each sale are small...
...soften some of the criticism that helped kill the legislation last year, the Administration has vastly modified this session's bill. Last year's plan would have clamped a limit of 9% on the annual increase in revenues that hospitals could receive from bed patients. This time, the Administration would give the hospitals until Jan. 1, 1980, to prove that they can hold the amount of money they spend, rather than take in, to an annual increase of no more than 9.7%, plus an adjustment that would take into account some inflation factors. (Studies show that hospital revenues...
...also say the Hanoi government makes especially good use of scapegoats to soften the impact of harsh policies. Hieu describes what he termed the government's strategy for preparing the public for the nationalization of key industries. "If they want to monopolize the fish industry in Saigon, they order the fishermen not to send their fish to Saigon. The prices shoot skyhigh, and the government launches a propaganda campaign blaming the capitalist monopoly fish industry and then they take it over," Hieu says. Hieu also charged that the Hanoi government periodically publicly executes scapegoats to combat public uproar over...