Word: spending
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Dates: during 1980-1989
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...ALWAYS wondered how federal policymakers could be so oblivious to the size of the national debt. The United States now owe banks and foreign countries about $3 trillion, constituting a large chunk of our Gross National Product. Each year we spend more than $130 billion in interest payments on the debt--money America could otherwise use to solve several major national problems...
...notion that we should spend billions of dollars to defend Western Europe from the Soviets is as ludicrous as spending billions of dollars to defend Thailand from the munchkins," said U.S. Representative Barney Frank '61 (D-Mass.) in an interview yesterday. Frank said that House Democrats plan to hold a caucus when Congress reconvenes in January to discuss cuts in the defense budget and to earmark funds for "health care, education, housing, and the infrastructure...
...Author Sylvia Ann Hewlett foresees a "sequencing" pattern in which dual-career couples would alternate the times in which they focus heavily on their work. A mother or father might be intensely involved in a project for a period of time and thereby earn credits for time off to spend with the family during a slower period. To make such a scenario possible, Hewlett points out, the wage gap would have to close. Otherwise the woman's career, being less lucrative, would always seem the more expendable...
...sprucing up comes not a moment too soon. The resorts have been losing business to the cruise lines, which account for some 60% of the traffic to the U.S. Virgin Islands. Tourists with limited time or money to spend are choosing ships over land-based resorts as a better value. "The cruise business is just killing the island resorts," says Jim Cammisa, a Miami-based travel consultant. "Like it or not, Americans are not adventurous travelers. The ; cruise offers clean accommodations, good food and consistency...
...actually take a firm stand for what students want: the ability to choose where they will spend the next three years. The first-year class expected the status quo housing policy when it matriculated this fall, not some compromise plan that limits choice...