Word: lowe
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Dates: during 1960-1969
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...never been adequately funded. To make it work, Nixon should increase this year's allotment of $625 million to at least a billion, next year's to $1.5 billion. He should also adequately fund the Housing Act, which seeks, through subsidies, to build or rehabilitate 6,000,000 low-income units by 1978 (v. 60,000 a year now). Cost to the Treasury: $13 billion over the decade...
...achieved at great public cost. Only governmental assistance can put good housing within the grasp of big-city dwellers who earn an average of $7.500 a year, not to mention the poor. At Co-Op City, state and city governments helped with a long-term 90% mortgage at a low interest rate, a municipal real-estate-tax exemption, and investment in schools, and other capital improvements. Total assistance over 40 years, reckons Architectural Critic Walter McQuade in Architectural Forum, will reach about half a billion dollars. "Government is paying most of the ticket on this trip," he adds, "and government...
...with 2% loans. Congress should also be shamed into cutting the $4.6 billion a year that goes for pork-barrel public-works projects. The nation owes a great deal to its veterans, but there is a question as to whether it need pay them $600 million a year for low (10-30%) disability ratings. Other savings undoubtedly could be made in other areas after a careful reassessment of priorities...
...dimensions of the commitment. Taken to the extreme, this attitude could turn isolationism; as it is, it is probably a sign of a healthy national reevaluation. Talking about U.S. Pacific Edwin Reischauer, former Ambassador to Japan, that the U.S. adopt a "lower profile," or what the Japanese call a "low posture." None of this suggests that the U.S. should- r could- withdraw into a Fortress America. But it does suggest does suggest that after Viet Nam, the U.S. might get along with a somewhat smaller military establishment...
Snowmobiling is snowballing. In the past five years, sales of the low-slung motor-driven ski scooters (price range: $595 to $1,500) have leaped from 15,000 to 225,000 annually. This season, more than 1,000 snowmobile races and ral lies are being held in the northern U.S., featuring such varied events as the sla lom, jumping and drag racing. Though many of the competitions like to bill themselves as the "largest," "richest," "most unique" or simply "world's foremost," Alaska's annual Midnight Sun 600 Snowmobile Race is indisputably the world's coldest...