Word: costs
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Dates: during 1970-1979
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...debts in goods manufactured in foreign-built mainland factories, and through their immense human resources: manpower and discipline. One shadow over the New Long March, however, is doubt that the primitive Chinese economy can rouse itself to meet the price. One freewheeling guess is that the Four Modernizations could cost $800 billion by 1985 The Chinese consumer market may be a long time in developing. Despite all the current capitalist visions of the new market opening up on the mainland, it may be years before the Chinese can afford to pay for all they want. Among other things, Chinese...
...Summers' attorney invoked a rarely used 1842 Connecticut statute that allows the indefinite imprisonment of a wrongdoer who has not paid his damages, as long as the creditor pays the prisoner's upkeep. For twelve days Summers kept her attacker locked in the Hartford jail, a revenge that cost...
...Vernon Parish, enabling him to edge to victory by 266 votes out of 130,900 cast. Pledging to file fraud charges with both the Administration Committee of the House and the Federal Election Commission, Wilson contends that some 4,000 votes were bought, more than enough to cost him the election...
GUIDELINES. The tendency of workers to demand big raises to catch up with past inflation and protect themselves against future price boosts, and of companies to pass along all cost increases and add a bit more, makes inflation accelerate. At first Carter contented himself with pleas for restraint and named Robert Strauss as special counsellor on inflation to do some mild jawboning. Strauss's six-month tenure will be remembered mostly for one rueful wisecrack: "The score is inflation 100, Strauss 0." In October, Carter replaced him with CAB Chairman Alfred Kahn and proclaimed formal guidelines with some teeth...
...Administration's assault on the entitlements has been weak and equivocal. One idea that deserves more attention than it is getting is Califano's hospital cost containment bill, which would curb Medicare expenditures by prohibiting hospitals from raising costs by more than 9% a year. Perhaps an even better approach is Economist Penner's suggestion to have the program's recipients pick up a portion of their hospital and doctors' fees. This would not only cut expenditures but also discourage recipients from rushing to the doctor for every sneeze and sniffle. The whole concept of linking federal pensions...