Word: galbraithe
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...primary remedy for unemployment is better education, more job training, and an equal break in education and employment for Negroes." John Kenneth Galbraith, Paul M. Warburg Professor of Economics, said yesterday...
Testifying in Washington before the joint Economic Committee of the congress, Galbraith said that although last year's tax cut helped to stimulate the economy, too may tax cuts may reduce federal revenues at the expense of urgent social needs...
...tasks of education and retraining belong to city and state governments, Galbraith said. He emphasized the tremendous urgency that these local programs be financed wholly or in part by federal funds...
...Galbraith also opposed reduction of the amount of duty-free goods which American tourists may bring back to this country. It is more important to tax the wealthy expatriate who spends $10,000 abroad, he said, than to tax "the Kansas schoolteacher on what she spends on a trip in excess of fifty bucks...
Direct government control over bank lending would regulate capital outflow and therefore ease the balance of payments problems, Galbraith also claimed. This elementary action has been avoided by all governmental agencies, he said...