Word: decontrolling
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Dates: during 1970-1979
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...energy, Kennedy originally opposed ending Government regulation of crude oil prices, calling decontrol "the worst form of rationing because it is rationing by price." Nowadays, however, he seems resigned to Carter's decision to abolish price controls. Kennedy is also skeptical of Carter's synthetic-fuels program. The Senator favors encouraging conservation, and he has proposed making available $34 billion in grants and loans to homeowners and industry for energy-saving projects...
Immediately a storm of protest broke out. President Carter threatened to punish oil companies if Congress failed to pass a stiff windfall tax on profits from oil decontrol. House Speaker Thomas (''Tip'') O'Neill called the profits ''sinful,'' while James G. Archuleta, head of the Oil, Chemical and Atomic Workers called the Exxon profits ''pornographic...
Instead of rent control for example, Caragianes favors capped vacancy decontrol (allowing rent hikes slightly larger than inflation), but only in cases where elderly and fixed income or long-term residents of the city wouldn't be harmed...
Clinton, who served four terms on the school committee and one term, two years ago, on the City Council, said while condominium conversion provides more tax revenue, it decreases housing for poorer residents. A plan of vacancy decontrol and limitations of conversions in specific areas might counteract those problems, Clinton contends...
...United States moves into the new decade, the Right looks forward with relish to the prospects of oil and gas decontrol, the MX missile system and massive defense spending increases, tax reform amounting to welfare for the rich, a federally-sponsored recession, social service cutbacks, court attacks on affirmative action, rollbacks of hard-won gains in abortion rights and labor law reform. Most of all, the Right expects that the growing public distrust of Big Government and demands for Washington to get its nose out of other people's business will allow the corporations to step into the vacuum...