Word: rising
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Dates: during 1960-1969
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...needy-has proved to be a tremendous drain on state treasuries as well. Even though federal handouts cover at least 50% of the costs, several leading Medicaid states -including New York, California and Michigan-have been forced to slash aid to their "medically indigent" because the runaway rise in hospital, drug and doctors' bills threatened to engulf their budgets in red ink. Now Medicaid's first state dropout has taken place...
...little charade is just a conversational pleasantry. Or is it? Who can ever be sure with Nabokov? Perhaps he has something more in mind. Devout Nabokov watchers might find clues in those references to Julius Caesar and Pope Gregory. They might see implications of the fall of Rome, the rise of Byzantium, and a consequent gap between East and West that makes comparisons impossible between Anglo-Saxon writers (Shakespeare) and Slavic writers (Nabokov...
...next decade, the typical American household will earn almost $14,000 - in terms of today's prices - and enjoy a 40% increase in the real standard of living. At the same time, the number of families with incomes above $10,000 will rise from 15 million to 34 million. Those with less than $5,000 will decrease from 13 million to less than 11 million out of a total...
...N.I.C.B. figures that U.S. production, which has increased an average 3% annually for the whole 20th century but rose to 4.5% during the '60s, will continue to grow by 4.5% a year during the '70s. One reason will be an unusually large rise in the labor force, the result of high birth rates in the late 1940s and 1950s. The labor force has been increasing by an average 1.2% a year, but in the 1970s it will jump 1.7% annually. In addition, continued investment in research and new plants should maintain productivity gains at the historic rate...
ORGANIZED labor long ago acquired a stranglehold over the $85 billion construction industry. That power has not only led to an astronomic rise in building wages but has also enabled unions to load the nation's largest industry with archaic and inefficient methods of operation. As a result, construction costs are climbing so swiftly that they are complicating Washington's struggles to increase the supply of housing and restrain inflation. Last week George Romney, Secretary of Housing and Urban Development, challenged construction-union leaders to adopt reforms. His candor was greeted with boos, jeers and catcalls...