Word: effort
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Dates: during 1960-1969
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...bill worked out by a Senate-House conference in a series of exhausting 16-hour sessions last week provides plenty of tax relief but relatively little in the way of long-term reforms. What started out as an effort to close tax loopholes turned into a tax-cutting binge designed to win friends for Congress in an election year...
...theological movement. Still, important new trends in theology suggest that God may best be met in the co-creation of a more humane society or, internally, in the deepest structures of our own psyches (see box, page 42). As so often in the history of faith, this new effort to build a new ministry is a reaction against past failures...
...Priority. In an announcement that was precedent-setting for Detroit, he committed the Ford Motor Co. "to an intensified effort to minimize pollution from its products and plants in the shortest possible time." Top priority in Ford's program will be given to cleaning up the internal-combustion engine. The company is road-testing 24 "concept" cars containing entirely new equipment designed to reduce exhaust fumes. Several hundred such cars will soon be sold, leased or lent to private fleet owners and governmental agencies for further testing. In related anti-pollution moves, Ford technicians are speeding the development...
...abandon many of their inflationary programs and practices. The Nixon Administration this year began a joint Government-business-labor effort to avoid work stoppages, end restrictive practices and reduce price increases in construction, the nation's most flagrantly inflation-ridden industry. The highly inflated costs of medical care could be brought down if a powerful union?the American Medical Association?would permit less highly trained "paramedical" workers to perform simple functions like applying bandages and giving injections. Federal purchases could be more adroitly timed to take advantage of favorable prices. Government regulatory agencies might abolish minimum rates for freight shipments...
...been following a tight-money policy of unusual severity. A year ago, it began to hold back the growth of the money supply; since midyear, it has permitted no growth at all. Ironically, Friedman's principal complaint is that the Federal Reserve is overdoing the restraints in its effort to cure inflation. "If the board continues to keep the growth of money at zero for another two months, I find it hard to see how we can avoid a severe recession," he says. "The board has made the same mistake that it has made all along. It is going...