Word: sectored
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...management techniques," he concludes. Sledd's message is much the same. "Our average income was dipping below the national average, which is kind of a horrendous idea for a modern industrial state like this...not some farm state like Mississippi or something...It's the producers against the public sector, which has grown...
...fight inflation, now at 19%, the plan called for deep cuts in public spending-over the next four years, $20 billion less than the last Labor budget. Foreign aid, education, housing and municipal programs of all kinds were slashed. No sector of the British economy was untouched. To raise revenues, North Sea oil taxes were hiked 10% for oil companies, adding to the $1.1 billion already gushing into the treasury's coffers as high-grade crude comes fully onstream. Alas for the ordinary Briton, new excise taxes raised the price of his beloved beer (to 95? a pint from...
...National Education Association (NEA), the nation's most influential lobby for primary education, in return for his promise to build the department. Those who represented post-secondary education interests feared that, given the NEA's vital role in establishing the department and a Secretary who came from the primary sector, higher education's pleas might be ignored. Carter had to avoid alienating the NEA, however, which saw the Department as a down-payment for a 1980 endorsement. In the end, he picked the wisest and most politically expedient course--nominating an effective, respected public figure whose background was solid enough...
...post-graduate education, Hufstedler again mixes pragmatism with an ear for innovation. "The Secretary of Education cannot have significant impact on the job market," she says, but she can try to create opportunities for younger faculty. By getting senior faculty to take leaves in the government and the private sector, Hufstedler reasons, "you will create opportunities for young faculty" and students who are interested in academic careers, may not hesitate to continue working for Ph. D's. But, Hufstedler warns, a person who is simply in search of the monetary rewards will always suffer from disappointment. "The priorities and needs...
...year's budget, the murky world of finance held the spotlight because the most immediate effects of the Carter program would be felt by banks and other savings institutions. The President's decision to use the Federal Reserve to slow the growth of credit would pinch every sector of the economy from department-store dishware to heavy-industry assembly lines. Some bankers even feared that a credit crunch, when almost no loan money would be available, could hit by summer. That would doubtlessly slow the economy, which is still lurching forward unsteadily at a 2% annual rate...