Word: 1980s
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Dates: during 1970-1979
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...capital, Asian leaders ask what will happen in the area when U.S. forces are gone. History bedevils them. Will the Japanese defense force become a real defense force at last? Perhaps even a nuclear force? One head of state-speaking very much off the record-suggests that by the 1980s there will be a new generation of Japanese leaders with no sense of war guilt and with none of the restraints that such guilt imposes. He does not care for this prospect one bit. Whatever happens, he predicts that the U.S. withdrawal will create "a new situation with deep implications...
...with demands for millions of documents to be examined before trial. The Federal Trade Commission's suit against eight major oil companies is flowing about as speedily as heavy motor oil; it was filed four years ago, but lawyers do not expect trial to begin until the early 1980s. That would about match the pace of a Justice Department suit seeking to break up IBM, which took six years to move to trial in a New York courtroom...
...soaring benefits for some 30 million Americans, the system has been paying out more than it is taking in from Social Security taxes. Outgo is expected to exceed income by $5.6 billion this year, and if the trend continues, the system will run out of money by the early 1980s. Carter's solution combines liberal and conservative elements: he proposes both an increase in taxes and a slowdown in the sharp rise in benefits...
...crossing rail tracks 28 times. Fearing competition from the $500 million slurry, railroads had refused to give up rights of way. That hurdle was overcome by the new legislation, and the pipeline could be pumping 15 million tons of coal annually to utilities in the Houston area by the 1980s...
...comment by an oil expert points to one of the most troublesome problems facing Jimmy Carter in selling his energy program. The President based his case for urgent conservation efforts partly on a CIA study that forecasts serious world petroleum shortages and economic upheavals as early as the mid-1980s. No sooner had he stopped speaking, however, than critics-most notably Ralph Nader-began contending that the U.S., and the world, contains more oil than Carter seems to think. If that idea takes hold with the public, the President can scarcely hope to rally the U.S. for the "moral equivalent...