Word: lowe
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Dates: during 1960-1969
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...visiting spacecraft. But if little Deimos, only five miles in diameter, could be brought into earth orbit, it could be investigated more thoroughly. The technology of the interplanetary move, which would be man's first rearrangement of the solar system, would be simple, Singer says. An efficient, low-thrust nuclear engine capable of firing for long periods of time could be set up on Deimos to push the moonlet out of its orbit and start it curving toward the earth. The cost would be high, says Singer, but it might well be justified by the discovery of valuable moonlet...
Other Policies. The price of any slowdown, if it comes, would be some job layoffs, with ghetto dwellers among the first to suffer. Though that prospect is filled with obvious political and social perils, the current jobless rate-a 15-year low of 3.3% in December and January-gives the Nixon Administration some room for maneuver. So does the fact that a number of companies are "stockpiling" workers because of the shortage of skills, and may be inclined to hang onto them as long as possible, even if that means some short-term loss of profits. The White House nonetheless...
...theory that low-wage jobs are better than none at all, Neil Jacoby, a U.C.L.A. economist and former Eisenhower adviser, urges an easing of minimum wage laws to encourage employment of marginal workers. Ultimately, the best way of reconciling price stability with high employment is to increase labor productivity by means of expanded job training among the semiskilled and the unskilled. Thus Nixon's proposal for giving private enterprise tax incentives for ghetto job training could combat inflation at the same time that it helps serve other social needs...
...Low Ceiling. The problem is aggravated by rent control. Alone among U.S. cities, New York has clung to wartime controls, which even today set artificially low ceilings, averaging $22.50 a room, on two-thirds of the city's 2,100,000 rental apartments. Like all price controls, rent ceilings have inflated demands and shriveled supply. Older couples hang on to bargain-rent apartments, which are often larger than they need, after their children have grown up and left home. Private builders, contending that they cannot build cheaply enough to compete with the controlled apartments, have practically stopped putting...
...technical staff, which was composed of experts on African problems, found that the Biafran's good supply will decline sharply in two months. "Their diet has always been dangerously low on proteins, but in April the calorie level itself will drop very sharply," Mayer said...