Word: growth
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Dates: during 1980-1989
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...only because the hired guns are lawyers and lobbyists camouflaged in pinstripes. High-stakes hydrobattles are brewing throughout the West as it runs out of new water sources. This arid region -- stretching from the 100th meridian to the Pacific -- now finds itself unable to accommodate both its rapid urban growth and a powerful agribusiness that guzzles 85% of all water at heavily subsidized prices that offer little incentive for conservation...
...while residential conservation is desirable, it cannot accommodate the West's urban growth. To save enough water for their projected 33% population leap over the next two decades, Californians would have to cut per-person consumption by one-third, an unprecedented feat of discipline by U.S. standards...
...budget, the Government could use the Social Security surplus to buy back gradually the nation's $3 trillion debt from its domestic and foreign owners. Instead of tying up their resources in Government IOUs, investors would have to funnel their assets into private industry. This would promote economic growth. The process, says Moynihan, "will put the federal budget back in the black, pay off the privately held government debt, jump-start the savings rate and guarantee the Social Security trust funds for half a century and more...
...pension cushion to provinces to support schools and build roads, and Sweden's fund is used to finance mortgages and pay off debt. Lending the money can be a good idea, says Barry Bosworth, a senior fellow at the Brookings Institution, "if the loan goes to develop capital growth and productivity rather than consumption...
...farmers just recovering from a decade of low prices and high interest rates. Hugh Sidey looks at one North Dakota farmer' s fight to save his parched land. -- There is more to the water shortage in the West than lack of rain. Wasteful agriculture could slow the region' s growth. -- Is the earth growing warmer? See NATION...