Word: sectored
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...declaring an economic emergency: What's needed is to do what Reagan said he would do. The semantics don't matter. What he said he would do is stimulate the private sector through cutting taxes, simplifying the regulatory morass and controlling the growth of Government spending. That's what should be the first and early thrust of this Administration, and in my humble view, that's what it will...
...Congress on Jan. 15. Reagan has endorsed boosting congressional salaries by $10,000 and senior Government officials' wages by $6,000. Some of his aides would prefer heftier increases. Says a Reagan headhunter: "Ten thousand dollars can determine whether a number of people stay in the private sector or come to work...
Major corporations, notes the commission, have done a far better job of keeping executive salaries in line with inflation than the Government has: pay has risen 116% to 120% for private-sector executives since 1969 but only 43% for top bureaucrats. Salaries of court of appeals judges rose 35% during that period, but lawyers in private practice saw their earnings leap 100%. Scarcely anyone, however, truly kept up with inflation during those eleven years, when the Consumer Price Index rose a staggering...
...advocates stepped-up development of nuclear power as "the cheapest, the safest and the cleanest" source of energy available. He wants to abolish regulations that are "standing in the way" of producing more energy from all sources. Says he: "We need to unleash it, to free the private sector." To that end, he says, "it would be my pleasure to try and cut down DOE'S size, to dismantle it, to redistribute...
Frequently mentioned as a possible member of Republican Administrations, Feldstein is an advocate of less Government regulation of the private sector of the economy . A major focus of his research has been on the American Social Security system. He contends that the Government's retirement program has transferred vital investment capital into current consumption and thus hindered the long-term development of the economy...