Word: roof
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Dates: during 1970-1979
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...more and more homeowners are bitterly learning, the Achilles' heel in the family housing budget may not be mortgage payments or heating costs or even that unexpected leak in the roof, but property taxes. Such taxes have risen an average of 76% since 1970, and 136% since 1967. The spiral has been caused in part by expansion of local public services, but more by the enormous inflation-sparked increases in the wages and benefits of teachers, policemen and firemen, and even the maintenance of local roads. Some examples...
While more than 1,000 fire fighters battled the holocaust, some people tried desperately to save their houses on their own. Said Lawyer Ron Cook: "I got on the roof and started hosing it down. We stuck it out until the heat got so bad we couldn't stand it. Then we left with the dog, cat, our daughter and one bag of dirty laundry." By next morning, all that remained of Cook's $100,000 house was a crumbling stone fireplace and a flattened metal garage door...
...emphasize spending on machines and other capital equipment over manpower because capital was always 1) cheaper to use than labor and 2) more productive. But machinery burns energy, and thus the quadrupling of oil prices by OPEC since 1973 has sent the cost of using capital through the roof, while wages have risen much more slowly. Result: profit-minded businessmen have had less incentive to substitute machines for manpower and are hiring more workers than usual...
...Tessenei, a town that the Eritreans have recently captured, we had good luck-there was a hotel, kept by an Italian, Archimede Parmigiani, 68, who has lived 42 years in Eritrea. There were no other guests. The kitchen had shell holes in the roof, the dusty flasks of Chianti were empty. His family has gone back to Bologna, but Parmigiani stays on. He asks: "What would I do in Bologna after so many years here...
...with spacious new concourses at Eastern and National. Longest walk: 2,000 ft. Baggage checkout: average 14 min. Hotels/Motels: good. International Airport Hotel inside airport, nine others within 5 min. Amenities: ordinary. Adequate lounges for major airlines, others crowded. Five snack bars, one open 24 hr. Best restaurant: Airport Roof. Six bars, open various hours from 9 a.m. to 1 a.m. Standard shops brightened by fruit displays, Cuban coffee bar, Latin American specialty store. Barbershop and beauty salon. Paramedic team available 24 hr. Overall: shades of Ellis Island...