Word: penner
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Dartmouth College has proposed a plan to end its unique year-round calendar that has been used since 1972. The proposal, providing for a return to a three-term schedule through the elimination of the summer term option, comes as a response to what Hans Penner, dean of the Arts and Science, called "student and faculty concern for the lack of continuity in undergraduate life...
Since the plan was formally announced this fall, it has met serious opposition from both faculty and students. A decision on the proposal is due this year, Penner said...
...investment and give a boost to business. Following his lead, Congress last year passed big corporate and individual tax cuts. So far, high interest rates have thwarted the impact of those tax breaks. If, however, Congress can bring rates down by slowing Government spending, many economists, like Rudolph Penner of the American Enterprise Institute, believe that the new tax legislation will increase investment...
...down about 15% from the current year. But in constant dollars, the expenditures would amount to $5.6 billion, up about 4% from 1977. The number of people in the program, though, has increased from 17 million to 18.6 million, so each person will be receiving somewhat less. Says Rudolph Penner, a budget expert with the American Enterprise Institute in Washington: "Food stamps grew rather rapidly under Carter, and the Reagan cuts, in essence, just offset some of the very recent growth...
...agree that the only real solution to unemployment is to focus on the entire economic picture. To a certain extent, though, the Administration's goals are contradictory in a faltering economy. "In large measure, you're stuck with a choice between unemployment and inflation," says Economist Rudolph Penner of the American Enterprise Institute, a conservative think tank. "The politicians who say they will not use high unemployment to cure inflation are just dreaming...