Word: costs
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Dates: during 1970-1979
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Stewart was upset over the call, but realistic. "It would have been nice to get the out on that play," he said afterwards, "but they still would have had a man on third. In that way, you can't really say that the call cost us the game...
...southern rim of the Sahara, as by a huge purchase of U.S. grain by Russia. As Nick Eberstadt of Harvard's Center for Population Studies noted in the New York Review of Books, Feb. 19, 1976, "India could never have made this kind of purchase: it would have cost 3 per cent of its gross national product, almost 25 per cent of its annual government revenue...
Inflation is harmful in so far as it is uneven and unpredictable. To assert that major U.S. corporations have neither the knowledge to anticipate future cost increases, nor the ability to transfer that cost to the consumer in product prices, is to deny fundamental truths about multinational capitalism. The investment decision for these US-based firms, most of which continue to show record profits (out of which their investment is principally funded), is not so much a question of "if" but "where." Their tendency to choose foreign locations over domestic is the real problem with investment in America. Given...
...community mental-health centers have their own headaches. Funding is short, and the goal of low-cost care is proving illusory. According to various estimates, each patient visit costs between $35 and $40, more than in private practice, for treatment that is generally of lower quality. Says Alan Stone, professor of law and psychiatry at Harvard: "Taking care of people well cannot be done in a less expensive way than just warehousing them, which was what we were doing before...
Meanwhile, the level of care at the state hospitals is getting worse. As storage centers for the hopeless, the hospitals are easy targets for cost-cutting state legislatures. Also, fewer first-rate psychiatrists want to work where the possibility of cures is so remote. Foreign psychiatrists, some of them unlicensed, have flocked to these institutions. Many, to be sure, do extremely competent work. Spanish-speaking doctors, for example, have been able to provide better levels of care for Hispanic patients. Nonetheless, the overall quality of these foreign doctors has raised a clamor for legislation by Congress that would stop...