Word: programming
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Dates: during 1980-1980
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...Soviet Union has promised $690 million in goods and hard currency. President Carter has pledged $670 million in credits for U.S. grain and other foodstuffs. Western banks have arranged for new loans totaling $1 billion. These are stopgap measures. Polish economists agree that further belt tightening and a program of profound economic reform will both be necessary. One proposal: decentralization of economic decision making so as to give plant managers more responsibility. This will even include the introduction of a profit motive. Most experts also believe that the pricing system will have to be made more responsive to supply...
...number of external shocks to the economy, such as big new oil-price jumps, a bad 1981 harvest or an excessively cold winter, could send prices leaping to far higher levels than that. The board's liberals fretted over the lack of an effective program of wage and price restraints by the vote-conscious Carter Administration to keep the pressure contained still longer; conservatives worried that the nation simply will not sit still for the three to five years of slow growth that may be necessary to halt inflation in any significant...
...board was equally critical of Presidential Candidates Carter, Reagan and Anderson for their failure to propose meaningful programs to combat the renewed inflationary menace. Heller approvingly noted that Anderson has supported the idea of a tax-based incomes policy whereby Government would give tax breaks to companies that hold down prices and to workers who settle for modest wage increases. There seems little likelihood, however, that any such program will become law any time soon. Said Economic Consultant David Grove: "I haven't heard the candidates come up with a program for dealing with inflation that is very credible...
...BUDGET. Greenspan: The budget is severely out of sync. Reagan's program would hold federal revenues to less than 21% of G.N.P. in 1985. Carter's proposal accepts a huge rise in the tax burden to nearly 24% of G.N.P. This is a turning point in American history; unless we choke off budget growth, we cannot rebuild the economy...
...state. Part owner of a meat-packing firm and a lumber company, he has negotiated shrewd deals with the soft-drink and potato-chip companies that sponsor his TV show, and his picture has adorned billboards across the South-for a fee, of course. His Sunday-afternoon television program during the football season has drawn better ratings than professional football broadcasts. The faithful tune in for a play-by-play commentary that is short on inside information but long on the kind of praise that can thrill the home folks. A sample: "Byron Braggs made a good tackle there...