Word: pers
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Dates: during 1950-1959
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Borrowing Trouble. Much of Michigan's financial trouble did indeed lie far, far beyond Soapy Williams in the state's dusty, archaic constitutional tax structure. Michigan, the nation's twelfth wealthiest state in terms of per capita income, collects about $1 billion in state taxes. But five-sixths of the revenues from the 3% sales tax-biggest income source-must be turned back to city and town governments and school districts. All gasoline tax revenue must be spent on the highways. Result: the state must meet costs of state government, the state universities, the state police...
...India now has one of the world's lowest crop yields per acre (the average yield of rice per acre is one-third of Japan's). India uses only a fraction of its potential water supply, one of the world's largest. Shockingly, India gets only a 20% to 25% increase in irrigated lands over nonirrigated...
...House charged $260 this year for daily breakfast and dinner, but expenses per student have been kept down to about $200. Low labor costs are one reason for the savings, since the House employs only one part-time cook, the rest of the work being done by students...
Cuba's economy needs government planning, Harris asserted. The Batista Government, he noted, failed to exert sufficient control to develop the economy. He claimed that Castro's policy of attempting to raise tax revenues to finance public works would both promote development and reduce the island's 20 per cent unemployment rate...
...economics of living are still Puerto Rico's greatest problem. Unemployment has decreased over the last few years, Munoz explained, but not as much as is ideally desirable. At present, 12 per cent of the labor force is unemployed...