Word: tools
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Dates: during 1960-1969
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Bargaining Tool. Nothing could cripple the complex economy of the U.S. more swiftly or spectacularly than a rail strike. In a month-long walkout, the President told Congress last week, unemployment would rocket from the current 3.6% level to 15%, and the gross national product would plummet by nearly $100 billion-after a first quarter during which the $764 billion-a-year G.N.P. failed to show any substantial growth for the first time since 1961. Some 750,000 New York, Philadelphia and Chicago commuters would be stranded, and Defense Department shipments would be cut by as much as 40% -including...
...Senate and 396 to 8 in the House, he got what he wanted-but Congress was clearly unhappy about it. Even those who approved the measure objected to what New Hampshire Democrat Thomas Mclntyre, the Senate's lone dissenter, called the "use of Congress as a tool in bargaining...
Obvious Need. OEO officials believe that the changes-particularly the one limiting participating of the poor on local boards-will reduce the program's value as a tool for "trying, testing and learning." Even so, they are unlikely to silence opposition from Republicans or Southern Democrats who accuse poverty agencies of fomenting local unrest. When Pennsylvania's Democratic Senator Joseph Clark and three members of his poverty subcommittee began hearings in Mississippi last week, for example, Governor Paul Johnson accused "the four socialist-minded Senators" of fostering strife and "pitting the haves against the have-nots...
Returning to Amsterdam, Kortlandt organized a three-man expedition to Guinea, equipped it with cameras and an experimental tool of his own design: a stuffed leopard animated by a windshield-wiper mechanism that moved its head and tail. Hiding in the bush, Kortlandt's crew waited until a group of about 30 chimps passed nearby and then pulled the mock leopard into view. "Hell broke loose," says Zoologist Jo Van Orshoven, a member of the expedition. "With enormous yelling and hooting they started to attack the leopard in an organized and coordinated...
...national income. However, we would like to suggest that there is nothing "liberal" or "conservative" about Keynes as taught in Schulze or Eckstein. Most businessmen accept the idea that the government should use fiscal policy to keep growth up, although they would oppose its use as a social tool. Keynesian analysis as taught in Ec 1 is neutral ideologically. For example, one may increase government expenditures by digging and refilling ditches, by increasing defense spending, or by building schools and low-cost housing. One may give tax cuts to corporations, or expand a War on Poverty. Keynes himself recognized this...