Word: cutback
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Dates: during 1960-1969
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...reason was given for the NSF decision, Douglas L. Oliver, professor of Anthropology and chairman of the department said yesterday, but "there has been a good deal of research cutback due to the Vietnam war." Oliver also indicated that the NSF in recent years has begun to distribute funds to a larger number of colleges...
Meanwhile, other educators are stumping the state explaining what the suggested cutback would do to education. California residents understand very well that Reagan has suggested jettisoning a principle they have always taken for granted: the availability of free college education for their children. But administrators both in the universities and the state colleges are pointing out possible harms that probably never occur to the average Californian. The budget cut, they say, echoing Kerr, would preclude admitting any more students, although 10,000 more prospective students apply to the university each year; it might possibly dilute the quality of training...
...signs of the slowdown are increasingly apparent, from Detroit's production cutback and the slowing of business expenditures for plant and equipment to last week's report from Washington that wholesale prices and retail sales both fell in November for the second consecutive month. In view of these events, the President's problem is whether to try for a tax rise that would certainly help out his budget but that might nudge a hesitant economy toward recession...
...Even a cutback of federal spending to curb inflation would have little effect if 50 states and thousands of localities were increasing expenditures. On the other hand, in case of a recession, a federal tax reduction to stimulate the economy could be negated by the inexorable rise in state and local taxes-which last year amounted to an average $266 for every man, woman and child in the country. The problem will grow as state and local governments are forced to spend much more on rapidly rising populations. Despite the recently lower birth rate, Dr. Philip M. Hauser, a University...
...States. The U.S. also seemed satisfied with the way Ongania was setting about the task of rebuilding the inflation-ridden, strife-torn nation. This week Ongania is expected to announce a series of "directives" spelling out a program of austerity and reform. Reports say they will include a sharp cutback on state employment, special export credits to stimulate foreign trade, more public housing, complete overhaul of Illia's disastrous oil policy that forced Argentina to import petroleum for the first time in years, and reorganization of the country's food-distribution system to eliminate middlemen and help blunt...