Government income redistribution fuels growing costs and tax concerns
In a 1970s analysis, economists warn that sweeping transfer programs tax workers to fund benefits for retirees and others, predicting two thirds of GNP could pass through government. Roy M. Ash cites rising deficits and chronic inflation, while the Chamber urges Congress to curb acceleration, stressing voters fund welfare.
MENTIONED IN THIS ARTICLE
U.S
Roy M. Ash
Office of Management and Budget
Chamber of Commerce of the
United States
Congress
Congressional Action
Greenspan cautious on outlook Learn from Stein missteps
In a Congressional hearing Greenspan rejects optimism and warns unemployment could hit 8 percent with a gradual recovery ahead. He notes economists lack full information as forecasts miss again, urging caution over this year’s growth prospects amid policy uncertainties.
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New York
Alan Greenspan
Council of Economic Advisers
Herbert Stein
Richard M. Nixon
Greenspan
Joint Economic Committee
Washington_scene
Towsend-Greenspan
Wall Street
Call for oil showdown and United States action
Washington policymakers press President Ford to confront oil producing nations over rising prices. They warn of economic chaos in the West and urge a forceful oil price settlement or risk of military intervention. The plan links oil power to broader Western disarray and NATO strains while warning of global hunger amid high costs.
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Washington
Ford
United States
India
Bangladesh
West
United Nations
U.N
Israel
USN
Unesco
World Organization
Enigmas and rants from Jim Bishop collection
A long, fragmentary list of humorous and tangential musings on topics from relationships and reading to politics and culture. It assembles quirky observations and questions about life, love, intellect, and society in a brisk, overlapping stream.
MENTIONED IN THIS ARTICLE
Treasury Department
Ft. Knox
Hyena Story aims to shift public view on its image
Jane Goodall argues hyenas are misjudged as cowards and scavengers. In a TV special The Hyena Story she defends their hunting skills and nocturnal behavior, noting hyenas' sophistication and adaptability despite limited daylight study opportunities.
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Los Angeles
Jane Goodall
Abc-Tv
Miss Goodall
California Institute of Technology
Gombe
Serengeti Plain
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