Word: shultz
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Dates: during 1980-1980
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Remembering his 1972-74 stint as Secretary of the Treasury, George Shultz, now vice chairman of the Bechtel Corp. and one of Ronald Reagan's economic advisers, emphasizes that much of the "abrasive interface" between Government and private enterprise results from differences in thought processes. "When a problem comes up, economic thinking says, 'What is the efficient way to solve it?' " writes Shultz. "Political thinking says, 'What is the equitable solution?' " In the search for equity, economic considerations are too often overwhelmed by special pleading by pressure groups and naive, overzealous Government officials...
Both Houses of Congress have rejected Kemp-Roth, and the measure still bears an aura of eccentricity. In recent months more traditional Republican economists, like former Treasury Secretary George Shultz, have begun winning a greater influence in the Reagan camp. And last week the congressional leaders persuaded Reagan to limit for now his for mal proposal of Kemp-Roth to the first year's 10% cut. "Don't go for the second and third year," argued New York's Barber Conable, ranking Republican on the House Ways and Means Committee. "The press will aggregate it, come...
...former director of the Arms Control and Disarmament Agency: "He delegates well, like Eisenhower." Inside betting for Secretary of State now runs to William Casey, a former Undersecretary of State for economic affairs who took John Sears' place as campaign director this year, and George Shultz, a former Treasury Secretary. Other possibilities: Senator Paul Laxalt, campaign chairman, and former Nixon Aides Alexander Haig and Donald Rumsfeld. Sears urged Reagan to keep open the option of naming Henry Kissinger before the election in order to broaden his support. "Kissinger is quite an asset in terms of the credibility he maintains...