Word: steep
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Granting these conditions, what is the major factor likely to cause a steep economic rise? Most economists expect that it will be an upsurge in consumer spending, which has been sluggish for two years. Eckstein foresees a $60 billion jump in consumer spending, an increase averaging more than $1,000 per U.S. family. The spending increase will be brought about in part by the President's proposed tax stimulants, which were liberalized by the House Ways and Means Committee last week (see page 27). Next year, a family of four earning $10,000 a year is scheduled...
Forced Funding. Behind the financial squeeze is the end of the 1960s education boom, in which enthusiasm for education enabled the schools' income to rise faster than the G.N.P. Now citizens are no longer as willing to vote themselves increases in the already steep local property taxes that still pay for most schooling. Their reluctance is strengthening the case of educators who, like Philadelphia's Shedd, say the nation needs a new way to raise its school funds. The inequitable property tax, which yields the least resources for schools in urban poor areas that are stuck with...
Only the dwellers in other high buildings seem dismayed by the arrangement. Paying steep prices for their own apartments, they often discover that they look into a high-rise slum rather than over the grandeur of Mexico City...
...become dependent on opiates, including heroin." He said that surveys taken in April and May of men below the rank of. buck sergeant showed that about 10% or 11% had used heroin once. But at least the addiction rate, though still insupportable, does not seem as steep as was feared...
...splendor of 70 continuous miles of white sandy beaches. This coastline enhances transcendental (as opposed to commercial) values. Says Banham: "A man needs only what he stands up in-usually a pair of frayed shorts and sunglasses." In contrast are the foothills, where grand houses perch precariously on steep, lush gardens, the perfect incubators of the "fat life" of affluence and privacy...