Word: losses
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Dates: during 1960-1969
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House Ways and Means Committee Chairman Wilbur Mills said that the bill would produce an additional $6.4 billion in 1970, then drop to a negligible $288 million in 1971. By 1972, the government will be receiving $1.7 billion less than present revenues, and the loss will grow to $3.7 billion...
There is a very practical reason why we as Christians need a theology of revolution. Without it we will be at a total loss about what to do for the rest of the century. -Carl Braaten, The Future...
...uncertainty created among those who stayed. "I hope some of them will look into their performance and realize they could do better," says J. Wade Miller, vice president for personnel and organization. But there could be less favorable results for Goodrich, and not only in the loss of local good will in a community that backed the company in its struggle with Northwest. One group of white-collar workers, seeking job security, has asked to join the United Rubber Workers, which already represents 12,500 Goodrich factory hands. The union is now considering a full-scale organizing drive among Goodrich...
...Long-Run Loss? The law has just been upheld by a 2-to-1 vote of a panel of three federal judges. Its chief purpose, said the majority, is to "promote the welfare of the people." While it may indirectly benefit sectarian teaching, the state remains neutral toward religion-just as it does in providing parochial schoolchildren with free lunches, a practice already considered legal. Because the Pennsylvania law does not "advance or inhibit religion," said the majority, it satisfies the First Amendment...
...Supreme Court. Meanwhile, Rhode Island, Connecticut and Ohio have enacted similar laws to help their troubled parochial schools. Many other states are considering a move in Pennsylvania's direction. Whatever the outcome, critics argue that a victory for nonpublic schools in the Supreme Court may produce a loss in the long run. For one thing, there might be less money to go around for public schools, especially those in the ghetto. In addition, critics note, to win tax support the church schools must prove that they provide a public service and also submit to more legislative regulation. The result...