Word: wrighting
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...winners, all seniors, are Daniel S. Benjamin '83, Christopher S. Forman '83, David B. Golub '83, Anne H. Manson '83, Bruce Tidor '83 and Gregory A. Wright '83. Four will study at Oxford University, Manson will go to the University of London and Wright will attend Cambridge University...
...secret discussions bore fruit last Thursday in a meeting in the Speaker's office that included O'Neill, Stockman, Democratic Whip Thomas Foley, Majority Leader Jim Wright of Texas and Presidential Aides James Baker, Richard Darman and Kenneth Duberstein. The $4.3 billion package, which will create only 125,000 new jobs, contains less than first meets the eye. It is mainly the acceleration of scheduled projects, and thus involves only about $700 million in new spending. But from a symbolic standpoint, it allows the Democrats to claim a victory for the jobless while allowing Reagan to meet...
...Wright: The most obvious thing would be to eliminate the third year of the President's proposed tax cut. I think that the tax cut is inequitable and economically ineffective. It has not stimulated buying power nor has it stimulated investment, therefore I think that is the first and most obvious way in which to reduce the deficit. A second reduction in the deficit could occur by curbing the rate of growth in military spending and holding it, let us say at an arbitrary five percent. If we are able to influence the Federal Reserve Board to bring the real...
...Wright: I don't believe that economic recovery is like the weather. I don't thing you can just predict from meterological data. I think you must influence them. The chances therefore depend upon the policies we follow. We cannot just sit back and wait for it to happen nor can we continue the policies that have given us the recession...
...Wright: To get people off the unemployment roles into productive roles. There should be short range, intermediate range, and long range programs to bring this about. In the short range there should be a federal works jobs program to employ some of those long-term unemployed in useful public works construction. The intermediate and long-term programs should involve job-training and job retraining so as to make the transition possible into more highly technological skills. In addition to that, we need to direct capital investment into modernizing. America's aging industrial plants and machinery so that the American working...