Word: supportable
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Dates: during 1970-1970
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...Philadelphia. Louise Day Hicks, while campaigning for the Boston city council, claimed that the city would have to raise taxes by $22 million to provide its share-too great a burden in an election year. Mrs. Hicks' campaign caused the city council to vote unanimously to withdraw its support. In Philadelphia, Novella Williams, a black militant organizer, complained that the bicentennial had little significance to her people. She explained: "It gives us no political or economic advantages-just taxation without representation." Furthermore, she said, "if you build a house nice enough for tourists, how will blacks be able...
Singapore. The Israelis were happy because they expect stronger support from the Tories, and the white regimes in southern Africa were jubilant because the Tories are committed to making a last try for a peace settlement with the Rhodesian rebels and to selling weapons to the South Africans...
...uses drugs illegally. A survey by Chicago's Industrial Relations Newsletter concluded that three out of every four U.S. plants with 50 or more employees have a serious drug problem. The addict's sharply curtailed job performance is only part of the problem for corporations. To support their habit, drug-dependent workers often become pushers and ensnare co-workers into narcotic addiction...
Eventually, business will have to take a more active role in aiding drug-dependent workers, helping to support adequately staffed treatment centers. Dr. Rosenthal of Phoenix House says: "Not until private industry realizes that the drug user is increasingly white, bright and productive is it likely to take a rehabilitative approach to drugs." The shortsighted effort to save money on rehabilitation may well prove increasingly costly to business in terms of lower output and lost careers...
...benefits of the plan would spread to middle-class workers in two ways. First, Kelso estimates, the funds for capital investment through increased stock sales would support economic expansion at hitherto undreamed-of rates of perhaps 15% or 20% a year, creating a great demand for labor. Second, companies would be tempted to adopt Kelso's plan voluntarily, partly because of a quirk in tax laws. For example, if Beneficial Paper Co., with 1,000 employees, wanted $20 million to build a factory, it would issue $20 million worth of new common stock. An employee-owned trust...