Word: cents
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...GRIM UNEMPLOYMENT FIGURES released last week are more dismaying than shocking. The administration's harsh economic package of tight money and crippling cuts in social spending all but guaranteed that the nation's job-less rate would reach the 8.9-per-cent mark it did last month--the second highest monthly figure since 1941. But sadly, the job situation seems almost certain to worsen this year, under the weight of the President's new--but still oppressive--economic initiatives. Equally discouraging, America's ailing inner cities again seem first on the White House's chopping block...
...continuing Republican onslaught against social spending threatens to fill even more cities with the blocks of rubble and zones of poverty that pockmark New York, Detroit, and other major metropolises. Unemployment in many hovers well over 10 per cent. Among Black city dwellers, it is unconscionably high--16.1 per cent overall and 42 per cent for Black teenagers. The $31 billion in budget cuts proposed by Stockman will only make those statistics worse, as job training programs, unemployment compensation, and large chunks of other welfare programs go by the boards...
Harvard is in the midst of a battle with representatives of small business over a Congressional bill that would allocate one to three per cent of the federal research and development budget to small business...
...those 20 minutes, Harvard shot 39 per cent from the floor (11 for 28) and 29 per cent from the foul line (two for seven). By comparison, Merrimack was perfect on 11 tried from the line and converted 13 of 27 field goal attempts, while out-rebounding the far-taller Crimson...
...testimony that BWH's payments in lieu of taxes on the new buildings would not reflect their actual value and social cost. After the hearings Ploss said BWH's payments would probably duplicate "the MATEP swindle" under which Harvard will annually pay Boston one-half of one per cent of the facility's value. Hassan refused to comment on the negotiations determining the size of BWH's payments...