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tions interfered with free enterprise, increased the costs of doing business and thus con­tributed to inflation. These factors, coupled with rapid technological change, prompted President Jimmy Carter to reduce regulation of the transportation and communication industries in the 1970s. Also, at this time, federal agencies were encouraged to be more flexible in applying regulations.

In the 1980s, President Ronald Reagan’s legislative agenda, based largely on his belief that an unfettered private sector would assure economic prosperity and growth, pushed deregulation efforts still further. Regulations or the implementation of regulations designed to protect workers, consumers and the environment were cut back. In addition, during the Reagan administration, a voluntary approach was taken to some regulations. For example, the Consumer Product Safety Commission adopted a voluntary compliance program, allow­ing individual companies to design their own remedies for targeted safety programs.

Text 4

In the early 1990s, the drive to push still further deregulation in a broad, across-the- board manner appeared to have slowed considerably. Although proponents of deregula­tion continued to stress its benefits, criticism of how deregulation had actually worked in practice mounted. Airline deregulation, for example, initially fostered increased compe­tition that lowered the cost of flying. But, within a few years a wave of airline mergers and consolidations shrank the number of airlines, and critics argued that the benefits of deregulation had either disappeared or become minor. On the other hand, deregulation of telecommunications unquestionably brought increased competition to certain parts of the telephone services industry.

At the same time, by the 1990s the number of federal government officials occupied with regulatory matters was on the increase again after having been cut back during the 1980s. According to an analysis of regulatory institution staffing by the Center for the Study of American Business, in 1992 the number of federal government regulatory officials was expected to be around 122,000, which surpassed the previous record set in 1980.

Exercise 9. Translate the following two texts into English. Work in pairs.

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На рівні штату й на місцевому рівні урядові структури розросталися швидше, ніж на федеральному. Упродовж 1960-1990 років збільшилася кількість людей, які працювали на місцеві й штатні органи влади, від 6,4 до 15,2 мільйонів чоловік, хоч у федеральних органах було задіяно від 2,4 до 3 мільйонів.

Зважаючи на таке зростання і, як наслідок, більш високу ціну, що її платить сус­пільство у вигляді податків, в кінці 20-го століття багато хто засумнівався у спро­можності держави повести відповідну роботу ефективніше за всіх надавачів кому­нальних послуг. Здобуває світове визнання таке поняття, як ‘приватизація’, тобто передача державою деяких своїх функцій приватному секторові, що у Сполучених

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