Word: cheapness
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Dates: during 1970-1979
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...descendant of World War II's German V-l "buzz bomb," the cruise is small (a typical model is about 20 ft. long and 20 in. in diameter) and relatively cheap (well under $1 million each). Different versions have been successfully test-fired from submerged submarines, surface ships and B-52 bombers. Most earlier versions of the cruise-such as the Mace, the Snark and Regulus I-were primarily tactical weapons. Technological advances in recent years have given their successors, the Navy's Tomahawk and the Air Force's ALCM, a powerful, strategic wallop. Guided by miniaturized...
...about five years. Moreover, the cruise could not be used to launch a surprise attack; its leisurely subsonic speed (for extreme long range: 400 m.p.h.) gives plenty of warning that it is on its way. But the cruise is a powerful deterrent to a first-strike Soviet attack. Both cheap and mobile, cruises can be deployed in such massive numbers across the U.S., in planes and at sea that it would be impossible for the Soviets to destroy them all. The surviving cruises would then be able to counterattack the Soviet Union. The number of Russian antiaircraft weapons required...
...investment tax credit from 10% to 12%. But the House turned it down, and the Senate has yet to vote. Even if it finally passes, businessmen have one last, and huge, investment-inhibiting worry: energy. Previous plant-expansion booms were based on the assumption that plentiful supplies of cheap fuel would be available to power the new factories, and that assurance is now a thing of the past. Largely for that reason, says Economist John Rutledge, who was a Treasury Department consultant during the Ford Administration, "capital investment will probably never again be what it was"-at least in real...
...suffered a heart attack and can no longer work, is involved in the Plains Realty Co.'s sale of 1-in. square lots, at $11 each, of what was once Carter farm land. The Williams family, longtime business and social rivals of the Carters, are mainstays of the cheap souvenir trade. So is Hugh Carter, the President's first cousin and deacon in the Baptist church. Hugh now keeps his store open on Sundays, although he once said he never would. Billy Carter has started a company called Plains Civic Projects that sells souvenirs from the train depot...
...difficult one that the U.S. political system and the American temperament are not well tuned to solve. Since the birth of the nation, energy and the United States have been almost synonymous terms: metaphorically, in the boundless vitality of the American people; literally, in the seemingly inexhaustible supplies of cheap fuel that made possible the transformation of a handful of impoverished colonies into history's richest nation. Frontier mythmakers celebrated the idea that Americans could summon limitless supplies of energy for whatever needed doing, most notably in the tales about Paul Bunyan, who could harness his ox Babe...