Word: parts
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Dates: during 1980-1989
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...part, Japan now pays 40% of the annual $6 billion cost of keeping 60,000 U.S. troops on Japanese soil, a marked improvement since 1980, when the U.S. picked up nearly the entire bill. But further initiatives may be limited. When the Persian Gulf conflict threatened Japanese oil shipments last year, Tokyo could not launch an effective response. Former Prime Minister Yasuhiro Nakasone reportedly wanted to send patrol ships to protect Japanese vessels but backed down under heavy domestic pressure. Tokyo settled instead for such moves as increased financial support for U.N. peace-seeking efforts and aid to Omani farmers...
...last year when Toshiba Machine Co. illegally sold sensitive defense technology to the Soviet Union. At the same time, U.S. worries over signs of an American decline easily shade into bitterness against a Japan whose wealth seems to dwarf its responsibilities to the rest of the world. For their part, many Japanese have wearied of incessant U.S. nagging about trade issues and now express some satisfaction over the image of a bumbling Uncle...
...four of the companies that women launch begin as home-based enterprises. Kurtzig set up ASK in 1972 as a part-time business in a spare bedroom in her apartment but soon had to move to larger office quarters. Katz founded her company at home while she was pregnant with the first of her two children. Said she: "We needed the money...
...surplus can be invested only in Government-insured securities. So far the trust fund has been used to buy Treasury issues -- in effect, financing part of the federal budget deficit. Legislators, however, have proposed using the money for everything from expanding current Social Security benefits to paying for housing for the homeless. Others clamor for a tax cut. Many Washington watchers fear that the Government will simply fritter away the reserve, leaving nothing to the future. Says Geoffrey Carliner, executive director of the National Bureau of Economic Research in Cambridge, Mass.: "As politicians see the trust fund build...
...half of the next century there will be only two workers to pay benefits for every retired person. The solution: create a reserve by raising the payroll bite for Social Security from 5.4% in 1983 to 6.06% in 1988. Thus, for the first time, today's workers will pay part of their own retirement as well as that of their parents...