Word: costs
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Dates: during 1970-1979
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...increases that have been tacked onto sticker prices of large cars and big engines should more than offset any fines that Washington may hand out. Thus, the cost of compliance with the new regulations-or the fines-ultimately will be picked up by the inflation-weary car buyer...
...alarmist reports in the press and on TV and by flag-waving, vote-hungry politicians. The foreign buyers, says Marcus Collins, a state representative in Georgia "come in here and pay $1,500, $1,800 or even $2,000 an acre for land that, even with inflation, should not cost more than $800." Iowa Congressman Tom Harkin warns that the oil-producing nations, which sold the U.S. $45 billion worth of petroleum last year, "could buy the whole state of Iowa, every acre of farm producing land, with just 394 days of oil production...
ALICE MITCHELL RIVLIN, 47, since 1975 has been director of the Congressional Budget Office, which was created that year to give objective advice to Congressmen on the cost and effectiveness of various Government programs. Under Rivlin the CBO has annoyed Republicans by reporting that President Ford's spending budget was inadequate for the needs of the economy and nettled Democrats by branding the Carter Administration's estimates of what the energy program would accomplish "overly optimistic...
...fore the start of a new one. During this period of transition there will be no moratorium on building ... there will just be more and more architecture without architects." To travel in American cities is to know what he meant; the townscape of the '70s is perfused with cost-accountant buildings that bear no trace of human imagination: three-dimensional graphs of optimum efficiency, seemingly designed by computers for insects. In the whole pattern of American building, real architecture is a minority's activity...
Changes in operating procedures and fears of future inflation drove the cost of the contract up, farrell said...