Word: repeals
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...result, Congress this year rejected a batch of legislation, notably: a new civil rights bill with a controversial open-housing clause, a proposal to repeal the right-to-work section of the Taft-Hartley law, a measure giving home rule to the District of Columbia. Beyond that, Johnson's foreign-aid requests were slashed by nearly $500 million, and Administration measures to reform the Electoral College, create four-year House terms, and overhaul the 31-year-old unemployment-compensation system were never even brought to a final vote...
...live fruitfully in freedom." Other Tories rose to underscore Heath's claim, pledging to abolish the controls that the Laborites are imposing. They promised, for example, to denationalize the steel industry if the Labor government makes good its pledge to renationalize it. Similarly, the Tories vowed to repeal Wilson's Selective Employment Tax and rescind recent tax hikes. When and if the whirlwind does start blowing against the Labor government, Ted Heath and his party intend to take full advantage...
...stock swaps, and when shares fall, the deal loses its allure. The mutual funds have become so bearish that last week they dumped some stock in large blocs. They were getting rid of electronics stocks and shares of machine-tool companies and others likely to be damaged by repeal of the 7% investment-tax credit. The glamour stocks have dropped much more than the blue chips; Fairchild Camera, Doug las Aircraft, Xerox, Motorola, and oth ers have come down 50% or more from their year's highs. Such declines have clobbered the executives who exercised stock options with borrowed...
...successful conservative primary candidates did not propose to repeal the innovations of the New Deal, Fair Deal, and New Frontier; they knew that most voters are upset by the events of the past three years, not the past thirty. And they claimed that Johnson and his supporters have shown little initiative in trying to halt inflation, race riots, and the war in Vietnam. Regarding Vietnam, the primaries did not show that most voters want the United States to abandon the struggle against Hanoi and the Vietcong. They merely want what Americans have wanted in the past: quick favorable results...
Actually, the story of Keynes, who died in 1946, has been told earlier and better by such economists as Sir Roy Harrod, Alvin Hansen, Seymour Harris, Joseph Schumpeter, Robert Heilbroner and John Kenneth Galbraith. Where Lekachman differs from them is in his emphasis on Keynes's repeal...