Word: downing
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Dates: during 1970-1979
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Pessimistic moneymen scarcely seemed to notice some surprisingly encouraging news: U.S. consumption of oil is sharply declining. With prices rising dramatically and the nation's economy slowing, people at last are conserving energy. Gasoline consumption in October was down almost 8% from year-earlier levels; diesel and home heating...
Edward Kennedy: Though his advisers include Keynesian luminaries Walter Heller, Joseph Pechman and Arthur Okun, Kennedy is playing down his 17-year Senate record as a liberal Big Spender and emphasizing his economic "pragmatism." Last week Mobil's outspoken public affairs vice president, Herbert Schmertz, joined the Kennedy campaign...
Yet he fails to outline a strategy for D-day beyond a vague "supply-oriented" program that features a watered-down windfall profits tax to finance drilling and synthetic fuels development. Bush calls for limits on federal spending but rules out a constitutional yoke. His $20 billion tax cut would...
Grossman harbors a revisionist belief: technology retards productivity by ultimately robbing people of creativity. "The new office technology is a step backward. The worker gets bored as hell with what he is doing. A person used to sit down and type a letter and identify with it. Now we put...
Putting back some humanity can also help efficiency. After only 90 days on the job, every new headquarters employee at Gelco has to be comprehensively interviewed: How do you like what you are doing? What can we do to make your job better? Says Bud Grossman: "We are involving our...