Reaganomics Dissent Within Reagan Camp Shapes Tax Plan
The article profiles Arthur Laffer, Reagan’s tax advisor, disputing the coherence of the administration’s economic philosophy. It notes his demand for a single large tax cut and his clashes with Stockman, while other economists question monetarism and overall policy clarity amid recession and upcoming elections.
MENTIONED IN THIS ARTICLE
New Yorker
Arthur Laffer
Laffer
Reagan
David Stockman
Stockman
Congress
Federal Reserve Board
Milton Friedman
Feds
Weather Service
George Steinbrenner
Reggie Jackson
Judge rules health care supplier anticompetitive in multi-state suit
U.S. District Judge Douglas W. Hillman found American Hospital Supply Corp illegally conspired with Voluntary Hospitals of America to restrain trade in medical and surgical supplies across Michigan, Ohio, West Virginia, Kentucky and Indiana. Damages totaling 430,638 were awarded to four smaller competitors. The Evanston, Illinois firm sells 48,000 products to about 7,000 hospitals worldwide and reported 196 earnings of 163.1 million on sales of 1.5 billion.
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U.S
Douglas W. Hillman
American Hospital Supply Corp
Voluntary Hospitals of America
Hillman
American Hospital
Michigan
Ohio
West Virginia
Kentucky
Indiana
American Hospital Supply
Evanston
Europe
Far East
Dems delay Social Security hike in budget talks
Washington reports House Democrats, led by Speaker Thomas ONeill, pushing for a delayed July Social Security inflation rise while seeking a bipartisan framework. Negotiators, including Baker and Reagan aides, eyed shifting excise taxes to the pension system, but optimism remained limited as talks continued amid deficit pressure and uncertain reception of proposals.
MENTIONED IN THIS ARTICLE
Washington
House
Reagan
Thomas F. O'Neill
White House
O'Neill
Congress
Richard Bolling
Howe
Howard
Baker Jr
Baker
R-Tean
Treasury
Donald Rega
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