Word: growths
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Dates: during 1970-1979
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Neither Ray nor anyone else can solve another problem: population growth. Looking anxiously ahead, Tom McCall, then Governor of Oregon, declared in 1971: "Please come and visit us again and again. But for heaven's sake, don't come and live here." Surprisingly, the migration to the Northwest is still a trickle compared with the tide flowing to the Sunbelt, but more and more Americans, lured by the natural beauty and the way of life it fosters, are arriving. The populations of Washington, Oregon and Idaho have increased 15% during the past ten years (Florida rose 45%) and are expected...
...local level than in the state capitals of the Northwest. The battle flares on individual bumper stickers: SIERRA CLUB, KISS MY AXE, V. DON'T CALIFORNICATE IDAHO. On fashionable Mercer Island, just across from Seattle, residents have stalled the construction of two bridges for ten years to hold down growth, although the present spans are dangerous and jam with traffic during rush hours. In Lewiston, Idaho, the Potlatch lumber company is fighting the Sierra Club and others for permission to cut unsightly swaths through stands of white and ponderosa pine to meet the national building demands. Says Jim Hilbert...
Complaints that Japan is flooding world markets with cheap exports are hardly new, but never have they been as vehement as this year. With good reason: partly because Japan's home economy-the third biggest in the world, after the U.S. and the Soviet Union-has shown little growth, its industrialists have launched a spectacularly successful export drive. Despite a rapid climb in the value of the yen, which should raise the price of Japanese goods in world markets, the nation's surplus of exports over imports is heading toward a record $15 billion this year, draining money...
...final blow came in November when a U.S. trade delegation headed by Richard Rivers, Strauss's general counsel, visited Tokyo. The Americans demanded that Japan step up its domestic economic growth to 8% a year or so, as an alternative to reliance on exports, and that it set a specific date for converting its trade surplus to a deficit. Fukuda responded with the Cabinet shakeup; his new ministers are already at work hammering out a program that Ushiba will present to Carter aides in Washington sometime this month...
Apart from U.S. pressure, Fukuda has other compelling reasons to push for faster domestic expansion rather than more exports. In the third quarter, Japanese production of goods and services, discounted for inflation, rose at an annual rate of only 4.4%. To a country used to much more rapid growth, that has been a shock. Japanese business firms are failing at the high rate of 1,500 a month, and unemployment, for all the vigor of the export industry, has edged up to 2.1% of the work force. In almost any other country, that would be considered low -but Japanese workers...