Word: earned
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...usable automobiles and refrigerators because Americans can afford the "better" things, and you state that the only real waste is the waste of human resources. Did it not occur to the writer that the majority of Americans spend their lives in jobs they don't like mainly to earn more money to buy-and to waste-such items? Are these people not wasting their lives in the "real" sense of the word...
...industrial jobs, compared with 22% in Britain and 23% in Germany. Because farmers are low taxpayers, industry has to carry too heavy a share of the tax load, and this year the rates on profits, after dividends, were boosted from 34% to 50%. As a result, French industrial companies earn scarcely 2.3% on sales, compared with 3.4% in Germany, 3.6% in Britain and Italy, 6.1% in the Benelux countries, 7.4% in the U.S.-and low profits discourage industrial expansion...
...goods involved, from Renault and Fiat cars to a U.S. petroleum-cracking plant, are Eastbound, the Communists still stand to make money out of the deals. No Western bank is allowed a branch in Moscow, but the Russians already have banks in London, Paris and Beirut that earn attractive commissions by cutting red tape, handling paper work and removing the risk for Western exporters by discounting their bills in advance. Now, with trade on the increase, they have opened a new bank in Zurich...
...Supermarket executives point out that their industry's profit margin after taxes has scarcely changed since 1960, runs a modest 1.3% of sales. But that widely used, poor-mouthing figure does not sum up the whole situation. By the more incisive measure of profit on invested capital, supermarkets earn 11.5%, almost exactly as much as the average for all U.S. manufacturing...
With his own franc weakening on world markets, General de Gaulle has suspended his offensive against Fort Knox-for a while. He had been consistently chipping away at U.S. gold reserves by buying bullion with the dollars that France earns from trade and tourism. In October, for the first time since early 1965, the French failed to make their regular monthly conversion of $34 million into gold. Reason for the shift: rising imports of goods and outflows of capital are cutting into France's once hefty balance of payments surplus. The country has few dollars to spare...