Word: spurs
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...recession was coming -and in subsequent months urged the Government to switch to more expansive fiscal and monetary policies to alleviate the slump. Now they believe that the Administration's budget, even with its big deficit, will do very little in a $1.4 trillion economy to revive demand, spur production and thus begin restoring jobs. Asserts Tax Specialist Joseph Pechman: "If Congress were to adopt the Ford program lock, stock and barrel, the net stimulus today would be zero." Adds Arthur Okun of the Brookings Institution: "The entire reason for that deficit is that the economy is in terrible...
...Martin's Press reports that its salesmen are finding much less advance resistance to the book than expected, and Editor Paul De Angelis says, "We really don't expect a legal battle." If one comes, it may spur sales. In Germany the book sold only 6,000 copies in the first ten months, then quickly sold 6,000 more when a Saarland politician demanded that its sale be restricted...
...overwhelming majority, prepare to set their own goals and priorities. "They are a national, operational group," says Russell Hemenway, director of the National Committee for an Effective Congress. "The power of oversight will be used more broadly than ever before." Among the host of programs to bring tax relief, spur the economy and cushion unemployment that congressional Democrats have considered, they have discarded practically nothing, with the exception of a revival of the Reconstruction Finance Corporation. They discovered that the Depression-born agency's function of lending money to foundering businesses had been assumed by other federal agencies. The Democrats...
...continuing to meet the $10.80 price, would be able to reduce imports from around 6 million bbl. a day now, to zero by 1985 and actually export a domestic-oil surplus of 1.35 million bbl. a day. The assumption is that high prices would spur a 114% rise in U.S. oil production over a decade while depressing consumption, thus enabling the U.S. to stop importing oil altogether. In this area, the OECD researchers are even more optimistic than the Federal Energy Administration; in its Project Independence Blueprint published last fall, the FEA foresaw imports still hovering at 3.5 million...
Skeptics in and out of Congress will surely question the Administration's twin assumptions that higher fuel prices really will bring a significant drop in consumption and that they really are needed to spur production. Right now, for instance, what seems to be holding back many oilmen is not the prospect of scant profits but a severe shortage of drilling equipment. In sum, the Administration may have a hard time selling its market approach on the Hill...