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Word: nationalizes (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
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When the draft ended in June 1973,the new volunteer Army began attracting a long gray line of critics. In Congress and elsewhere, detractors of the changed Army maintained that it would not be able to meet the nation's defense manpower needs, that its quality would decline, its costs rise out of sight and, perhaps worst of all, it would turn into a mercenary force composed mainly of the black poor in search of good...

Author: /time Magazine | Title: The Nation: Rating the Volunteer Army | 10/10/1977 | See Source »

Last week the Rand Corp., in a study for the Pentagon, argued that the nation is far better off with volunteer soldiers than with draftees. The 394-page report is the work of Richard V.L. Cooper, a respected economist and manpower specialist. His key findings, as outlined in his report and in an interview with TIME...

Author: /time Magazine | Title: The Nation: Rating the Volunteer Army | 10/10/1977 | See Source »

...months have passed since President Carter unwrapped his national energy plan, and the energy crisis has become a confusion crisis. Indeed, three Presidents, including Carter, have produced three separate energy programs, yet the nation remains as perplexed as ever by the fundamental question: Is there really an energy shortage...

Author: /time Magazine | Title: Time Essay: Yes, There Is An Energy Crisis | 10/10/1977 | See Source »

...also has by present estimates more than 1.8 trillion bbl. of oil locked in shale in the Rocky Mountain states-about 15 times the nation's estimated potential reserves from conventional sources. Burning the oil out of the shale-the most promising method-would require a market price of perhaps as much as $25 per bbl. to make it profitable. Yet even at the present average U.S. price of $11.50 per bbl. for newly discovered domestic oil, Ashland Oil and Occidental Petroleum last month were given federal approval to begin development of a joint shale-oil project in western...

Author: /time Magazine | Title: Time Essay: Yes, There Is An Energy Crisis | 10/10/1977 | See Source »

...plan is that it does not provide for Government incentives that could help private industry bring petroleum from unconventional sources to market at a price the economy could afford. Instead, the program focuses on conservation-inducing the U.S. to use up more slowly the oil and gas that the nation knows it can count on producing. Conservation is necessary, but not sufficient: at best it only postpones the ultimate day of reckoning. As Laird observes: "Conservation alone is a slow walk down a dead-end street...

Author: /time Magazine | Title: Time Essay: Yes, There Is An Energy Crisis | 10/10/1977 | See Source »

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