Word: absorber
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Dates: during 1970-1979
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...roughly 35,000 people-are heads of households and will need jobs. Concluded the conservative Tulsa World: "There will be no long-term problem with the immigration of Vietnamese unless we want to make a problem." Said AFL-CIO President George Meany: "If this great country can't absorb another 30,000 people and help them find a way to make a living, it will be denying its heritage." Added House Judiciary Committee Chairman Peter Rodino, who is a staunch fighter against illegal aliens but a supporter of legal immigration: "When this country forgets its immigrant heritage and turns...
California officials-including the Governor and both U.S. Senators -voiced alarm at the influx. California's health and welfare secretary, Mario Obledo, cabled Secretary of State Henry Kissinger to warn that the state could ill afford to absorb large numbers of homeless refugees since it already has "952,000 unemployed; 2.4 million receiving some form of medical or welfare aid; 4 million near the poverty levels; and 20 million paying taxes as close to the maximum tax as is acceptable in free enterprise." Plans are already afoot to isolate some 64,000 refugees in two aging Army outposts...
Both reports also fail to realize that rent control affects different areas differently. Harvard Square is much better able to absorb rent control because of the cushion provided by high rents. In Central Square, however, the landlord's profit margin is much thinner, and as a less affluent area, its housing deteriorates much more quickly with any cutbacks on maintenance. Ironically, rent control is hurting most the very groups it was designed to aid-the lower-income group tenant...
...presently administered probably contributes to housing deterioration does negate the need for some form of rent control to restrain rent inflation in a tight housing market. With the present rent control law, however, rents will rarely keep pace with inflation, and to expect landlords to permanently absorb the difference is naive. In the present situation, rent control may just be a case of pay now (higher rents) or pay later (new taxes for new housing...
Giant Labs. Such new towns, conceived in more affluent and idealistic times, were intended to absorb the U.S.'s inexorable metropolitan growth without creating urban blight or suburban sprawl. Each was also supposed to have become a self-sufficient community -sometimes even within a city-where good schools, green parks and clean industry would be within walking distance of attractive homes. Imbued with that hopeful vision, Congress passed laws in 1968 and 1970 that 1) offered federal funds and technical aid to approved developers, and 2) guaranteed up to $50 million worth of each developer's bonds, plus...