Word: weintraub
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Dates: during 1970-1979
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...Koch, who declined such an extreme move, it was a case of civil rights advocates turning into censors. Cruising's producer, Jerry Weintraub, meanwhile insisted that his film was not antigay, and he was critical of his critics. Said Weintraub: "They have asked me to make the picture in Baltimore or Hollywood, not here where they live. They want me to make it where other homosexuals live...
...after the Brazilian town where the granite was quarried) was the work of French Sculptor Antoine Poncet, a disciple of Jean Arp. Poncet hoped that Ubatuba would bring "a fresh and pure breath" to a city he calls "New York-the Tough." He was pleased that Gallery Owner Jacob Weintraub had put the sculpture outdoors "because there it comes in contact with the people." New Yorkers were pleased too: they often stopped to run their hands over the sculpture's smooth, glossy surface. But Poncet did not reckon just how tough New York could be: one night last week...
That policymakers are being even so tepidly tempted constitutes an intellectual victory for Federal Reserve Governor Henry Wallich, who has been pushing TIP through nearly eight years of debate in obscure economic journals. His basic idea, elaborated in cooperation with University of Pennsylvania Economist Sidney Weintraub, is to set a guideline for wage and benefit increases-about 5% a year in Wallich's latest version-and slap a penalty tax on any company that raised pay as much as 1% more. In his view, that would force employers to hold down wages, and prices would automatically follow...
...Government officials' main fear is that a monstrous bureaucracy would be needed to monitor hundreds of thousands of wage and price boosts. For that reason, the Administration favors Wallich's TIP over Okun's: watching just wages would be easier than keeping tabs on prices too. Weintraub suggests that policing could be simplified by confining TIP penalties to the 2,000 or so biggest U.S. companies...
...stick proposal was conceived by Federal Reserve Board Governor Henry C. Wallich and University of Pennsylvania Economist Sidney Weintraub. In essence, they recommend that any employer granting wage increases of 1 % or more above certain federal guidelines be forced to pay the same amount in penalty taxes. The guidelines would be reckoned by taking the annual rate of productivity increase in the employer's industry and then adding one-half of the nation's prevailing inflation rate. By that formula, the guideline for overall industrial wages would be about 5% (that is, the rate of productivity increase added...