Word: consumerized
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Dates: during 1980-1989
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Statistics are the heavenly bodies of economics. Not only are they used for navigation by businesses, policy planners and researchers but they also exert a powerful pull over the tides of the economy. A high monthly figure for the trade deficit, for example, can send floods of money rushing out...
Eugene McCarthy has not won an elective office since Minnesota returned him to the U.S. Senate in 1964. He has lost two campaigns for the White House as a Democrat and one as an independent. Last week the Pied Piper of the 1968 antiwar crusade announced plans to extend his...
Perky and lightweight, the Suzuki Samurai four-wheel-drive vehicle has become a trendy runabout in the U.S. Last week, though, Consumer Reports magazine said it will give the Samurai a rating of "not acceptable" in its July issue, the first such verdict it has rendered in a decade. The...
The consumer group contends that the Samurai is tippy because of a fundamental design flaw: the center of gravity is too high. Thus Consumers Union is urging the Government to order Suzuki Motor to buy back all 160,000 of the Samurais (base price: about $8,500) sold in the...
In addition, about 28 other states, including Maine and Wisconsin, have laws regulating the vehicles. Several bills now pending in Congress would restrict the sale of ATVs or provide refunds to customers who have purchased the three- wheel versions. Hundreds of product-liability cases and class actions have been brought...