Word: eckstein
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...being displaced all over the world and we're being displaced in our own country by foreign powers," Eckstein stated...
High interest rates and recurring recession over the past few decades have prevented managers from making long-range capital decisions, Eckstein stated. He explained that manufacturing industries such as steel have been unable to undertake the major capital overhaul their markets demand...
While U.S. businesses confront 18 percent interest rates, their Japanese competitors can finance capital for only 8 percent, Eckstein, added...
...Reagan ADministration official said yesterday that White House personnel would be studying Eckstein;s report...
...report, Eckstein urged the government to shape macro-economic policy with attention to broad manufacturing interests...