Word: sectored
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...encourage joint research between Yale and private industry. Yale is establishing a new Office of Cooperative Research "Yale will constantly seek appropriate partnerships with the private sector." A Bartlett Gramatt president of Yale said in a press release last week...
Many private-sector economists dispute this view. Michael Evans, who runs an economic consulting service in Washington, notes that Americans traditionally do increase their savings right after a tax cut. There are already some signs that this happened after the 5% tax reduction last October, and it is likely to occur again when the rate drops another 10% on July 1 this year and a final 10% next year. After a brief increase in savings, Evans points out, consumers have usually "adjusted their spending habits gradually upward," and the savings rate drops down to its previous level. Thus the Government...
...obtain funds. Since it has the best credit rating of any borrower in the market, the Federal Government, in effect, has first call on the money available. Only then can corporations or individuals look for cash. The more the Government takes, the less will be available for the private sector. Financiers along Wall Street are now saying that federal credit demands are crowding out private ones...
...largely discredited, and even many Democrats are skeptical that old methods should be tried again. Says Massachusetts Senator Paul Tsongas: "We've been down that road before. It doesn't produce anything." The legislation being offered now to fight unemployment would stress job training for the private sector, not creating public jobs. Democrat Ted Kennedy, who last week called unemployment "the No. 1 issue now nationwide," has joined forces in the Senate with Republican Dan Quayle of Indiana to sponsor a $4 billion job-training program. In the House, California Democrat Gus Hawkins has proposed a $5 billion...
...council of some 15 members with purely regulatory powers; Egypt wants a legislative body of about 100 members that would be restricted only from voting independence for the entity or declaring war. Israel aims to retain its control over East Jerusalem and deny the Arabs in the sector the right to vote in West Bank elections; Egypt wants the opposite. Most of all, Egypt seeks an agreement that would be acceptable to at least the more moderate Palestinians; Israel is determined to permit no solution to the Palestinian problem that could jeopardize Israel's own security...