Word: transitioning
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Part of the money raised by the tax increases and by cuts in defense spending would go to the poor. Part would be spent by the Government to upgrade education, fight pollution, improve rapid transit and hire people who cannot find jobs in the private economy. Private investment would probably suffer. But McGovern's brain-trusters-mostly economists at M.I.T., Harvard, Yale, Northwestern and Princeton, who get advice from Maverick John Kenneth Galbraith-are not worried. They argue that U.S. business would be kept humming, thanks to increased Government investment and more spending by the no-longer poor...
...billion for pollution control, $3 billion for public transit, $1.5 billion for drug control, $2 billion for assistance to civilian research and development...
...addition there would be a crash $10 billion program to hire job seekers and put them to work building housing, public-transit and sewage-plant projects. There would also be a comprehensive plan of medical insurance, financed separately by an increase in payroll taxes, and expenses of unspecified size to retrain and pay at 80% of full salary the people thrown out of work by McGovern's defense slashes...
...drastic reduction in formalities. There were no searches, no papers to sign, no lines to stand in. Non-Germans must pay a transit fee ($1.58), but Germans pass through at no cost...
...Extension of the MBTA subway line out to Fresh Pond or another point near the Alewife Brook Parkway. Traffic studies--largely complete--show that most Mass Ave traffic has at least one endpoint in Cambridge, making extended rapid transit feasible...