Word: nationalizes
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Dates: during 1970-1979
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President Carter told a nationwide television audience last night that dealing with the nation's energy crisis requires a collective effort that is "the moral equivalent...
...high as 655 trillion cu. ft., which at current consumption rates for gas would meet U.S. needs for more than 30 years. But then again, says USGS, the resources might be less than half that much. Lacking a better fix, energy planners cannot estimate how much of the nation's requirements might be filled, and how quickly, if they overrode environmentalist objections and opened all the fields to drilling. Similarly, until there are better figures on all oil and gas reserves, no one can say how much production might rise if prices were decontrolled...
...protectionism encourages another nation to retaliate so that any gain is canceled out. Spain imports three times as much from the U.S. as it exports. If its shoe sales to the U.S. are seriously curtailed, it can buy elsewhere-hurting American export industries. Trade restrictions ensure the survival of the least fit: businesses that cannot compete on their own in the world economy. This kind of coddling of inefficiency leads eventually to economic stagnation. In sum, protectionism is often a matter of robbing a productive Peter to pay a nonproductive Paul...
...offered to take them under their banner. Meanwhile, some of the summer crowd are lobbying for total independence. Says Opera Singer Beverly Sills: "If we do secede, I'm putting in my bid for Minister of Culture." Columnist Art Buchwald, another summer resident, says that as the new nation of Martha's Tucket, "We could get foreign aid." What to do with it? Answers...
...salary for University of Illinois vet graduates in 1975 was $17,-580 for work in private industry, in such fields as pharmaceutical research. After they complete the required four years' training, the overwhelming majority of new vets go into private practice, many specializing in treating "companion animals," the nation's 60 million dogs and cats. A busy vet tending pets in Manhattan or Beverly Hills can earn $50,000 a year or more. Increasingly, however, vets are opting for what is known in the trade as a large-animal practice, which means caring for the nation...