Word: tappings
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...problems of the sixties exceeded the ability of the traditional "internal governance" method to deal with them. With the advent of these problems, two groups intiated a new pattern of activism. One group--made up of the post-war generation that has assimilated into the American mainstream--attempted to tap outside governmental resources for aid. They initiated a number of programs in adult education, health services, and social services. Well-educated, this group was able to work effectively and was able to articulate the needs of the community well enough to obtain some financial support. Another group of younger people...
Smaller Burden. Some strong proponents of Social Security urge that the Social Security Administration be allowed to tap general revenues to finance part of its regular benefits, too. They contend that such a shift would lessen the burden on moderately paid workers. The main argument against financing Social Security entirely out of the special payroll tax is that a worker earning, say, $5,000 a year pays proportionately much more than a corporate chief who makes $200,000; though the rate for both is 5.85%, the tax is levied on the low-paid worker's entire income...
...course Nixon's basic piece of empirical data is accurate. There is not enough usable energy around to satisfy everybody's current desires. Although no real long-term shortage of energy exists, the energy sources that the world can speedily tap--principally petroleum and its byproducts--are suddenly in short supply...
...Japanese industrial concerns are beginning to negotiate with the Arabs to set up refineries, petrochemical plants, transportation facilities and industrial concerns. American banks like Chase Manhattan and First Ntational City are setting up branches in the Arab world, seeking to tap the capital resources of Arab governments and private citizens. Kuwait, a nation which earned $2 billion in oil revenues last year and a population of 800,000, may become an Arab capitalist--an exporter of capital to other Arab nations. The capital-rich small oil states are beginning to eye populous but backward Egypt as a potential market...
More Austere. The Pentagon does have more capability of increasing supplies than civilian businesses do. Indeed, nearly half the deficiency caused by the Arab embargo can be made up by tapping the naval reserves at Elk Hills. Calif. The field's current output of 5,000 bbl. a day can be boosted to 160,000 bbl. a day in three months if Congress authorizes the increase, as the Energy Emergency Bill passed by the Senate and now before the House would have it do. But the oil-parched military, unable to wait, has invoked an existing law to tap...