Word: budgeteers
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Dates: during 1970-1979
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Aside from the politics of budget making, does it matter if there is a surplus? Some think not. Says Herbert Stein, a member of the Council of Economic Advisers: "Many people now see a magical significance in a shift of a few billion dollars in the budget position, especially if the shift crosses the line between surplus and deficit. In a trillion-dollar economy, this is hard to understand." Still, it is what the President wants and has promised...
...State of the Union message later this month, the President will emphasize this aspect of the quality of American life. To that, unlike his budget, he should find little resistance on Capitol Hill. Prominent Senate Democrats like Edmund Muskie of Maine and Henry Jackson of Washington have urged more sweeping measures than the bill Nixon signed last week. In 1969, when the Administration asked a $214 million ceiling on new funds for municipal sewage-treatment plants that would reduce water pollution, Congress went ahead and appropriated $800 million instead...
...addition to freewheeling Pertamina, the army is involved in virtually every part of Indonesia's economy-usually less out of greed than sheer need. Under President Suharto's austerity budget, armed forces units are required to provide between 25% and 40% of their own support. To raise funds, the army recently announced plans to commercialize engineering and transport-in effect, hiring itself out as an Indonesian version of Hertz Rent A Car. Some other examples of military business enterprise...
...Nixon paid no attention, and in an unprecedented maneuver hailed by budget-minded women the world over, wore the dress at least twice more in public, instead of handing it over straightaway to the Smithsonian Institution. Miss Treyz explained mildly: "The Nixons are middle-American people who don't want to be flash-in-the-pan. They don't want to be jet-setty or way out. Mrs. Nixon must be ladylike." To this end, Clara Treyz advises, with Pat's consent, clothes that tend toward the bland and predictable, styles that hover on that precarious border...
...church has indeed lagged in community service, but a $75,000 mortgage on its new (1966) brick building bites deeply into its budget; besides, Puerto Rican Methodists are typically conservative and pietistic. But some, in the wake of the Lords' takeover, are urging hurry-up consideration of church-run breakfast and day-care projects. "They are willing to have the building used as a service to the community," says one Methodist official, "but as an expression of their own religious faith...