Word: weil
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Dates: during 1970-1979
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...figure it out...it was just scraps of paper (to me)" he said. But it looked to him like a "credit income tax" scheme James Tobin had outlined in an article in the Brookings Institution's 1968 Agenda for the Nation. This, he says, is what he told Weil...
...Weil found the Tobin plan appealing, even though it was "represented in the article as being something that's a bit advanced," he said. As he saw it, "there are only two approaches to welfare possible--the one we have now or one where you take the policing out, an automatic system where people are guaranteed a decent income, a plan that encourages them to get a job instead of discouraging them...
...think it's fair to say our line of thinking was...to go the whole way," Weil commented, however. The result was not a program that would obtain quick acceptance by Congress, he said. "But we thought it was important to push for the desirable thing, rather than start out going for something less desirable." This was McGovern's style, a style which suited the political situation at the time...
...proposal Weil eventually put together presented "Fair Share" and a $1000 per person Tobin scheme as two plans which McGovern might adopt if he became President, but committed him to neither...
Without doing these simulations, it would also be impossible to determine what the proposal would cost. This is work which a President, with the resources of the Federal government at his disposal, can do. But, as Weil said, "It's unlikely that anyone running for President, with all the task forces he can muster, can make these kinds of decisions...