Word: pilings
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Dates: during 1970-1979
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...pell-mell push, the house passed five bills by votes of more than 130 to 0, although only about 30 of the 176 members were present. As the roll was called, legislators scampered about the floor to vote for absent colleagues. When even such stratagems failed to reduce the pile of legislation sufficiently, the Democratic leadership combined 168 bills into two packages and forced a vote on each without debate. Most of the legislators had no idea what they were considering, but they whipped the two through...
While the younger alumni pile into Penn's Franklin Field or Princeton's Palmer Stadium to catch a glimpse of Joe Restic's boys, Randall's always out there cheering on the more unheralded Crimson ambassadors--the cagers, the hockey players, and even the anonymous tennis and track teams on occasion...
Such changes, Okun asserts, could easily be afforded by the rich, who get more of the national wealth than is often realized. Today, it takes the earnings of nearly 20 U.S. families at the bottom of the economic pile to match the spending power of just one family with after-tax income of $50,000 a year or more. Okun also finds unconvincing the argument that higher taxes on the rich discourage savings and investment. He notes that in 1929, when federal taxes were low and minimally progressive, the U.S. saved and invested 16% of its gross national product...
Such sinking, called subsidence by geologists, can occur naturally. In river deltas, for example, as muddy sediments pile up, their weight often grows great enough to press down the land beneath them. Subsidence can also take place on a larger scale as a byproduct of the creeping movements of the giant, continent-sized plates that make up the earth's surface. Whatever the cause, natural subsidence is extremely slow and almost imperceptible. It is subsidence caused by humans that is taking place with alarming speed in many parts of the U.S. and elsewhere...
...California alone, 23% of the labor force in the construction industry is jobless. Housing executives hope that the new federal tax credit of up to $2,000 for buyers of new homes will eventually generate some business. Also, since a record influx of funds continues to pile up in savings institutions, mortgage money is becoming more plentiful and interest rates are going down...