Word: costs
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Dates: during 1970-1979
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...sector instead of public service. For those who cannot, it proposes to create 1.4 million positions in training programs and in service jobs such as assisting teachers, providing child care, controlling rats and escorting the aged in high-crime areas. In all, the tax incentives and jobs provisions would cost $13.2 billion?and raise the Federal Government's overall welfare bill (now including cash payments, food stamps, etc.) from $28.9 billion to at least $30.7 billion. The change seems well worth the price...
...many economic fronts, the news was good last week. The cost of living in July rose only at an annual rate of 4.9%, the lowest monthly increase since December; housing starts jumped to an annual rate of more than 2 million, a cool 46% ahead of a year earlier; corporate profits increased 11.4% in the second quarter. But all this was lost on Wall Street, where stock traders continued to fret about everything from interest rates to new tax legislation. The Dow Jones industrial average, the market's most widely watched barometer, dropped 7.62 points last week...
...Orleans-based firm best known for its production of oil-drilling rigs, of $55 for 35% of its shares. At week's end United raised its offer to $55 each for "any and all" of Babcock's 12.2 million shares, an offer that, if accepted, could cost it $671 million. McDermott raised the ante further to $60, and Babcock shareholders will have to decide which offer to take...
...oppose licensed midwifery do not often speak of one reason that may be on their minds-money. Obstetrics is one of the largest and most lucrative specialties in U.S. medicine. Parents and proponents of midwifery are voluble on the subject of money, however. In California, for instance, the cost of having a baby has risen from $16 per hospital day in 1950 to $175 in 1976, and now stands at about $1,500 per birth. By contrast, the cost of birth at midwife-run institutions like the Los Angeles Childbirth Center is as little as $300. The California department...
...Medical costs in the U.S. are so high partly because nonprofit insurance companies and government programs have been paying most doctor and hospital bills, with few questions asked. One person who wants to do something about it is President Carter, who has proposed setting cost ceilings on medical services. Now the Blue Cross Association, representing the largest conglomerate of hospitalization insurers, has joined the Carter cost-cutting crusade...