Word: cheaping
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...problem,” I said. [Pause.] “I mean, we drank it.” I pondered adding this: people I’ve never met came to a party that I threw in your apartment and drank your expensive Scotch when we ran out of cheap beer and mixers. But I refrained...
Processed foods aren't just cheap, tasty and filling. They're also more accessible. One study found that 28% of Americans live in what nutritionists call "food deserts," places where big supermarkets are at least 10 miles, or a 20-min. drive, away. People who live in these places wind up buying much of their daily groceries from convenience stores or gas stations, where they can find Chef Boyardee but not baby carrots. Some communities are trying to remedy this. Philadelphia, for instance, recently announced a $100 million effort to open 10 supermarkets in urban neighborhoods. But for much...
...question is trickier than it seems. Although U.S. taxpayers subsidize American farmers generously--to the tune of $20 billion a year--that's not likely to change anytime soon. Besides, corn is so cheap that even a farm policy that doubled the crop's price might make only a marginal difference in grocery-store prices...
...pulls in the bulk of the company's revenue. Battling low-cost production from competitors in China and elsewhere, Kim decided to pursue the higher profit margins in design and retail. "That's where I believe the industry is going: either you're a brand or you're dirt cheap," he says...
GAVIN: I am taking the cheap seats. In other words, I am sitting on the sideline because I don't want to fund basic research. I think that is where it is right now, even in the medical area, which may be one of the earlier applications...