Word: argument
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Dates: during 1980-1989
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...wait. The term "unethical bidding war"--really the crux of the public-good argument--deserves a strong airing out. First assume its validity. How does the protection of undergraduate financial aid justify the possibility that schools collude in setting faculty labor costs together, a separate issue involving separate individuals? Can we contradict collusion charges when the most expensive schools jointly hike costs faster than inflation? Further, how can it be ethical to set a common price--the Ivy League schools with the exception of Cornell all cost between $19,000 and $19,500--when housing costs, facilities costs and research...
...Council elections weren't enough, affordable housing faces another threat this fall in Proposition 1-2-3. This referendum, penned by Cambridge realtor Frederick N. Meyer, would allow tenants who have lived in rent-controlled apartments to buy them. The argument Meyer uses is that the loss of a rent-controlled apartment is offset by the gain of a new homeowner. The proposal's advocates paint the issue as one of "choice...
...seemed particularly disturbed by charges that he abandoned the rebels, leaving them on their own after publicly exhorting the Panamanian military to oust Noriega. Bush said that was "a stupid argument that some very erudite people make...
There were other reasons too. Bush undoubtedly swung some votes by last- minute lobbying. Many Congressmen bought the Administration argument that a tax cut would spur business investment, creating more jobs and prosperity for everybody. In theory the lure of a lightly taxed payoff will tempt investors to put up money for risky ventures. Economists have long disputed whether that is true, but it remains an article of faith among conservatives...
President Bush never accepted that argument; he still believes that the tax code should promote social and economic goals. He told reporters last week, "I supported the tax-reform law, but in last year's campaign there were one or two areas where I felt that we needed to use the tax system to achieve various ends." Democratic leaders too have lost the faith; their proposed expansion of IRAs would also violate the no-special-breaks principle. Consequently, Congress can expect a flood of demands from other taxpayers who will claim that their income deserves special treatment. Writing...