Word: pasting
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Dates: during 1970-1979
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...that elaborate-and sometimes cruel-attention to the subject of children in the past presupposed one thing: their inevitability. The great changes in attitudes toward children today may revolve around three factors: 1) Whereas children in earlier, rural settings were economically valuable, needed for their labor, today they are a painfully expensive proposition (according to one estimate, the average middle-class family spends $100,000 to raise a child); 2) Children are no longer considered a necessary and inevitable part of marriage; and 3) For reasons of feminism and/or sheer economic need, more women than ever before are working...
...give birth and how often. That is the most encouraging part of the new situation of children. Couples who wait to have children will probably be more mature in handling the ordeal of parenthood. Those who do not want children will not so often, as in the past, be forced to endure them. Very gradually, it may become more probable that those children who are born are also wanted...
...unemployment benefits and the rise of two-income families will keep personal income and spending high even when layoffs hit. The Government has set up many federal mortgage lending institutions that will keep housing from falling through the floor. Besides, businessmen have cautiously avoided the excesses that in the past have led to precipitate tumbles. Inventories in warehouses and on store shelves are lean, although Otto Eckstein, head of Data Resources Inc., notes that the Iranian crisis and fear of an oil crunch have lately moved some businessmen to stock up in fear of more general shortages...
...past few weeks, California Governor Jerry Brown has phoned five members of TIME'S Board of Economists. Why, he asked, did they oppose his call for a constitutional convention to devise an amendment that would force Congress to balance the budget? Recalls one of the economists: "When you say to him, 'Look, it just doesn't make a damn bit of sense,' his comeback is, 'Yes, but I want some amendment in the Constitution that reflects fiscal responsibility.' " The California legislature, by a vote of 12 to 8 in its ways and means committee...
Anyone who is an expert at deciphering gobbledygook might lend a hand to C. Milton Allen, senior vice president of Houston's Panhandle Eastern Pipe Line Co. For the past two months, he and 15 aides have been waging a bleary-eyed battle to make sense out of not just that mumbo-jumbo masterpiece but plenty of others like it. The language is from the pricing regulations drawn up by the Council on Wage and Price Stability (COWPS) to enforce Jimmy Carter's Stage II guidelines. The rules were supposed to put some muscle into the White House...