Word: digitals
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Dates: during 1970-1979
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...holding back on the expansion programs that are necessary to keep production I growing and bring down unemployment. And businessmen already have plenty of cause for such caution. The deep recession of 1973-75 shook their faith that the economy would keep rising, with only minor setbacks; the double-digit inflation of 1974 made them doubt that they could realistically estimate future costs; the Arab oil embargo of 1973 and the fears of energy shortages that followed caused them to wonder whether they could find fuel to power new plants, and at what price. Investment always involves some risk...
...stayed, with Koch holding a 20-percentage-point lead in most polls, while Goodman and Farber muddle around in the single-digit range. But if most New Yorkers believe Koch is the answer, they seem to have failed to ask the question: Who is Koch, and why is he going to run Gotham? What makes him different from Cuomo, Beame, or the rest of the lifeless pack...
...offices at the Hotel Matignon, Barre has applied textbook economics to France's problems. His austere "Plan Barre," announced in September of last year, urged business to limit wage hikes to 6.5% a year, v. the 17% annual rate that was handsomely contributing to France's double-digit inflation. To reduce the country's costly oil imports, Barre has jacked up the price of "super" gasoline nearly 21%, to $1.85 per gal. He also imposed a three-month price freeze and lowered value-added (sales) taxes on a wide range of consumer goods...
...laws nor increased police action is likely to thwart computer thieves. Most authorities agree that computer owners must install more elaborate security measures. Says one: "Cracking a computer system's defenses is about as difficult as doing a hard Sunday crossword puzzle." One computer, protected by a five-digit code number, was illegally entered in minutes when the thief ordered the computer to begin trying every one of the 100,000 possible combinations. But tighter security would cost both money and time. Says Robert Courtney of I.B.M. "If you're running thousands of transactions...
...wages of their black workers, hire and fire on merit, and institute training programs for middle-level and management positions; 3) cut the hypocrisy and try to merge our diplomatic and economic policies in South Africa. We can no longer "abhor" apartheid and wink at our companies' double-digit returns on investments there, which are the result of the ridiculously low wages paid the African worker...