Word: waged
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Dates: during 1970-1979
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...Carter's plan was that its measures were far milder than those suggested by the apocalyptic terms in which he couched the crisis in his Monday-night address to the people, and that their mildness would neither rally the country nor solve the energy dilemma. After asking Americans to wage "the moral equivalent of war" in meeting "the greatest challenge that our country will face during our lifetime," Carter put forward proposals that were hardly draconian. (Humorist Russell Baker observed that the acronym for moral equivalent of war is MEOW.) Indeed, if the financial discomfiture was to be as minimal...
...Brookings and Washington Consultant Robert Nathan, all Democrats, see potential flaws in the plan. The program's proposal to return money collected in higher gas and crude oil prices in the form of tax credits to consumers will, in Okun's view, boost living costs, kick up wage demands and add to the Consumer Price Index. All three members would prefer that the Government use the additional tax revenues to help keep the C.P.I, down-either by paring payroll taxes or by returning the money to states to allow them to lower sales taxes...
...program includes no wage and price controls, no guidelines or targets for price and pay hikes ? which pleased many businessmen. Carter's economic advisers maintain that mandatory controls would not work. Some businessmen and economists doubted that Carter's voluntary program would have much impact on the current 6% rate of inflation, let alone enable him to reach his goal of slashing it by 2 percentage points by the end of 1979. But no one expected him to come up with a more effective plan. Said Harvard Economist Otto Eckstein, a member of the TIME Board of Economists...
...Carter, Jordan has completed the time-consuming task of leading the talent search for high-level appointees. Now he is moving forcefully into policy decisions. Other aides say that Jordan, sorry that he had not got himself more deeply involved in the decision making on Carter's minimum-wage proposal last month, eagerly responded to Carter's call to join the energy-program deliberations. When Treasury Secretary Michael Blumenthal and Economics Adviser Charles Schultze wanted to express doubts about part of the plan, they sent a tough memo to Carter. But it was Jordan, disturbed by the mounting...
...Spain (as long as the Soviets have troops in Eastern Europe). The party hopes to win as much as 12% of the vote-a figure that some observers feel is exaggerated. One immediate problem the party faces is how to raise the estimated $15 million it needs to wage an effective election campaign. While much of the money will undoubtedly come from special assessments of its members (250,000, according to Communist claims), a portion of it probably will arrive in disguised form from Eastern Europe...