Word: costs
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Dates: during 1970-1979
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Griffin is attacking his opponent as a free-spending Democrat who would add to "the high cost of Levin." The Senator reminds voters of how he helped block Lyndon Johnson's nomination of Abe Fortas as U.S. Chief Justice in 1968 and Richard Nixon's nomination of Clement Haynsworth to the Supreme Court in 1969. Griffin also stresses, in current TV ads, the fight he made this year against the Panama Canal Treaties. Says he: "Next year I'll have even more seniority and my no will be even louder." Levin responds by scathingly calling Griffin "Senator No Show...
...Charged Seith: "He speaks out of both sides of his mouth." By criticizing the sale of jets to Saudi Arabia, Seith hopes to gain support from Jews. He has also been running an unfair advertisement on Chicago's black radio stations implying that Percy approved the racial jokes that cost former Agriculture Secretary Earl Butz his job in 1976. The ads do not mention that Percy himself had called for Butz's resignation...
Interferon is likely to remain expensive for some time to come. Scientists have not yet fully determined the structure of the interferon molecule and thus cannot bring down the cost by synthesizing it. Nor have they isolated the gene that orders interferon production in the cell. Once that gene is determined, Gutterman says, the technique of recombinant DNA could be used to insert it into a laboratory strain of E. coli bacteria, which would then multiply and produce interferon inexpensively and in large quantities...
...Zooming costs of processing and distribution have created a strange paradox. Higher farm prices instantly bring increases at the grocery checkout, but retail food prices can also go on rising while farm prices drop sharply. Example: the Soviet grain purchase of 1972 and other heavy export demand kicked off a few years of unprecedented farm prosperity. Net farm income more than doubled in three years to an unparalleled $33 billion in 1973, and soaring retail food prices combined with OPEC's oil gouging to produce double-digit inflation. In 1976 and 1977, farm prices broke; farm income shriveled...
...world?has more than doubled the price of U.S. farm land since 1972, to an average $490 an acre last February; prime Midwestern corn and soybean land sells for $2,000 an acre. A tractor that sold for $16,000 in 1974 may cost almost twice as much now; it would have a few new features, but be no more powerful. The result is that farmers have been forced into financing decisions as intricate as those facing corporate treasurers. Borrowing money at interest rates of up to 12% to buy or rent additional land and invest in machinery can improve...