Word: bosworth
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Dates: during 1980-1989
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...Congressmen and economists reject the remedy of job programs to cure unemployment. "It's like trying to put a Band-Aid on a cancer after it's already grown, instead of preventing it in the first place," says Democratic Senator Bill Bradley of New Jersey. Observes Barry Bosworth, an economist at the Brookings Institution: "A federal job program inevitably turns into nothing more than an income-maintenance program, for the simple reason that when workers graduate from training programs, there are still no jobs for them. In a couple of months, 10 million people are going...
...feeling that it is a bum idea and ought to be changed," says Wyoming Congressman Dick Cheney, chairman of the Republican Policy Committee. But, surprisingly, the leasing provisions are defended by some of the very economists who most harshly assail last year's giveaways. Brookings Institution Economist Barry Bosworth grumbles about "all sorts of crazy things" written into the bill but says the leasing provisions will lead to "a reasonable redistribution of [corporate] wealth." Even Greenspan approves the idea. One possible compromise: forbidding the sale of tax benefits by companies like Occidental, which are profitable but pay few taxes...
Despite this record of violence and political repression, the Reagan Administration has been seeking ways of improving ties with Guatemala and resuming the military support that had been cut off because of Jimmy Carter's human rights policies. As Deputy Assistant Secretary of State Stephen Bosworth put it, "The Administration is convinced of the need to try a new constructive policy approach to Guatemala. The policies of the past clearly failed...
...Bosworth stressed the need for a comprehensive policy, adding that "It doesn't make much difference what the policy is, but it must be comprehensive...
...Bosworth said the absence of a national consensus concerning anti-inflationary policy hampers effective action. "U.S. citizens are bored and confused by economic debate," Bosworth said, adding that most people do not see the connection between their demand for wage increases and increased unemployment due to the cost of labor...