Word: spurs
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Dates: during 1970-1979
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...another spur to adoption of "special-needs children," agencies have relaxed eligibility rules for prospective parents. A capacity to understand youngsters who are "different" has become more important than marital status, youth, education, income, race or religion. Instead of charging fees, private agencies-and public ones in seven states -sometimes offer subsidies to families. Despite such changes, average T.R.A. parents are still much like conventional adoptive parents: 98% are married; most are under 40; well over half are college educated; two-thirds earn at least $10,000 a year; and a majority go to church regularly. Psychologically, Los Angeles Psychoanalyst...
...creating this painless expansion, Kennedy and Johnson pursued a policy of tax cuts and moderate deficit spending counterbalanced by Government actions to limit wages and prices. To spur laggard capital expenditures, the Government came through with a 7% investment credit for plant and equipment and increased depreciation allowances. New equipment and federal job training improved productivity, slashed costs and kept prices down. In 1964 taxes on individual income and corporate earnings were trimmed. The $14 billion that these tax cuts turned back to consumers and businessmen abruptly boosted the economy and added more than $30 billion to the gross national...
...outside experts are saying about the economy-and what should be done-TIME correspondents last week interviewed corporate chiefs, trade union leaders and economists. A sampling of opinions: LEONARD WOODCOCK, president of the United Auto Workers. "The best thing that can happen to reverse the inflation is to spur the economy. For that, we should move up the tax cuts already authorized for 1972 and 1973, making them immediately applicable. As a last resort, we could lower the value of the dollar, perhaps by permitting it to float until it found its proper relationship to other currencies. That would reduce...
...their continuing search for means to spur new growth, commission members have isolated some of the factors that hold down the nation's output per man-hour...
...British response could contain a lesson for the U.S. The Nixon Administration's main argument against a more expansionary program is that it might spur inflation. Yet if the Administration could offer a policy of economic stimulation, businessmen and parts of organized labor might well accept voluntary price and wage restraints. Then the fear of climbing prices would diminish. The benefits of such a move are clear. Last week, the Bureau of Labor Statistics reported that living costs in June climbed .5% on a seasonably adjusted basis-the second sharpest rise this year...