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(Archived document, may contain errors) 321 January 13, 1984 THE MYTH OF AMERICA'S DECLINING MANUFACTURING SECTOR INTRODUCTION Advocates of national industrial policy, to varying degrees calk for extraordinary government intervention in the economy.
Medicare's increasingly dangerous financial plight leaves Congress with only two options if the program is to continue providing health care to seniors: either restructure and reform the pro- grain or significantly increase payroll taxes on America's businesses and working families. While payroll taxes technically are shared between employers and employees, in reality most taxes on busi- ness are shifted to workers in the form of reduced wages or compensation-in some cases, even job loss. Thus, any new payroll tax to shore up the financially failing Medicare system will be another ta...
HUD Secretary Henry Cisneros's bold plan to introduce the benefitsof market competition into the troubled public housing industry hasbeen stymied in Congress by an alliance of moderate Republicans andliberal Democrats.
The subcommittee appears to be keeping the U.S. Department ofAgriculture (USDA) on track to maintain its budget targets and toassure that surplus money remains for Social Security reform andtax cuts.
Next week the United States Census Bureau will release its annualreport on "poverty" stating, as it has for many years, that thereare some 31 million to 32 million poor Americans, a number greaterthan in 1965 when the War on Poverty began.