Word: suffering
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Dates: during 1970-1979
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...United States was founded on a complaint. It was, as the framers of the Declaration of Independence were at pains to point out, a reasonable complaint, and one that took time to ripen: "All experience hath shewn, that Mankind are more disposed to suffer, while Evils are sufferable, than to right themselves by abolishing the Forms to which they are accustomed. But when a long Train of Abuses . . ." That complaint got action. In fact, in an adversary proceeding that is the essence of democracy, every election poses a complaint and offers a remedy of sorts. This process of criticism...
...erupt in recruit camps when thousands of young men from diverse backgrounds are thrown together, one of the deadliest is Type C virulent meningitis. The fatality rate is high, and death may occur within a few hours after appearance of the first symptoms. Even victims who recover may suffer permanent deafness or brain damage. Now, reported Lieut. Colonel Phillip E. Winter, the Army has a highly effective vaccine, which was developed by the Walter Reed Army Institute of Research. In the 1970-71 respiratory-disease season, when the vaccine was used only after epidemics had broken out, the Army recorded...
...money raised by the tax increases and by cuts in defense spending would go to the poor. Part would be spent by the Government to upgrade education, fight pollution, improve rapid transit and hire people who cannot find jobs in the private economy. Private investment would probably suffer. But McGovern's brain-trusters-mostly economists at M.I.T., Harvard, Yale, Northwestern and Princeton, who get advice from Maverick John Kenneth Galbraith-are not worried. They argue that U.S. business would be kept humming, thanks to increased Government investment and more spending by the no-longer poor...
...higher taxes. After this complex tax jiggling, McGovern's initial estimates were that a family of four with an income of $8,000 would collect $2,000 from the Government. A family with a $12,000 income would collect nothing. Families earning more than $12,000 would suffer progressively more severe tax increases...
...profits would have been $ 131 million-a drop of $24 million. By contrast, ITT's earnings would have been down only from $337 million to $328 million, and General Motors would have lost only $2 million of its $1.9 billion net. Yet even the companies that would not suffer much immediately would feel the impact over the long pull. Reason: the companies that do not report their investment credits as current profits put them into reserves for future use. With the credits gone, these companies would have less of reserves-and thus less to spend for expansion and modernization...