Word: poore
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Dates: during 1970-1979
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Another $1.5 billion will go toward paying for welfare, Medicaid and other programs borne by the state's 58 counties. Thus fears that poor people would suffer drastically may not materialize. The legislature did decree, however, that there be no increase in welfare payments unless public employees also get a pay hike. Brown has already asked for a freeze on state salaries. Since it would seem to be political suicide for lower-level officials to vote increases for themselves at a time when the taxpayers are screaming so loudly for less spending, welfare payments probably will be frozen...
...Poor management failed to respond to competition, first from European neighbors, and more recently from Third World countries where labor costs are lower. To keep C.I.T.F. going, Boussac mortgaged more and more of his possessions, which include race horses, half a dozen chateaux and the morning Paris newspaper L'Aurore. Finally, unable to borrow further, he reluctantly allowed the company to be taken over by a court-appointed receiver who will decide what, if anything, can be done to salvage C.I.T.F.'s 11,500 jobs. Last week, in an effort to keep C.I.T.F. alive, Boussac offered to give...
...Pudding, but maybe not so profitable for the ensemble, which drew only 25 or 30 hardy souls to a recent performance of its current selection. The low attendance is a shame, because even if the play--Frank Gilroy's Pulitzer Prize-winning The Subject Was Roses -- is pretty poor, it's still the best piece of theater to cross the Pudding stage in many a year. And only the women wear bras...
Economists largely blamed the poor American showing on three factors: lagging outlays in research and development, which have slowed the rate of laborsaving innovation in U.S. industry; a paucity of capital investment necessary for the purchase of more productive machines; and the upsurge in costly federal environmental and safety regulations, which often handicap plant efficiency...
...which is going to earn you a place in the dietician's Hall of Fame: Harvard food (which if you're smart, you don't want to eat); restaurant food (which if you're smart, you know you can't afford); and fast food (which if you're both poor and smart, you will approach with extreme caution as the least of three extraordinary evils.) With that in mind, and with a case of Bromo Seltzer in tow, you'll probably want to set out on a tour of the Square's fast food joints...