Word: costly
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Dates: during 1960-1969
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Treasury Under Secretary Paul Volcker last week called the deficit "one cost" of inflation, which raises U.S. export prices and sucks in low-priced imports. To control inflation sufficiently to restore a trade surplus, he added, will take "years rather than months...
...below the cleanup levels. Most dealers get a 50 rebate from the manufacturer for every mile shown on the speedometers of their demonstration cars, and they may be willing to pass on the saving to the customer. A $3,100 Chevrolet Impala with 5,000 miles, for example, may cost the dealer only $2,075, since he gets a $250 allowance for the mileage on top of his usual $775 discount on the car. One possible drawback to buying demonstration cars is that the warranty coverage has been shortened by several months while the dealer has been using...
...raspy-voiced Pennsylvanian has served on the union's international executive board for 27 years. Earlier this year, Boyle named him acting director of the "NonPartisan League,"; the union's powerful political arm. Yablonski's announcement of his candidacy last May cost him that...
Both political and economic pressures lie behind Kaunda's move. Zambia, the former British colony of Northern Rhodesia, remains uncomfortably dependent upon white-dominated Rhodesia for trade and electric power. The cost of living is soaring and abrasive tensions between Zambia's blacks and whites (who constitute 1.5% of the population), are on the rise. Recognizing the importance of the mines to his country, Kaunda met two years ago with Chile's President Eduardo Frei to discuss an arrangement to help maintain world copper prices and quotas. Although no price-fixing agreement resulted from their talks, Frei...
...personal feelings and gestures intruding at the wrong time suddenly shift the balance of power-a smile of appreciation at an inopportune stage of contract negotiations, or the loss of aggressive edge through private preoccupation, can be a minor disaster. In show business, Siam's psychiatrist suggests, the cost of success to the aspiring individual is protective deformity. "These men and women," says the doctor, "have derangements that successfully fit them for their occupations. Cure an executive and you lower his income. Their mink-lined psychosis is one of the country's sacred mental illnesses because it helps...