Word: elevenfold
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...answer many have seized on to decrease unemployment is imposing import restrictions. Motorcycle tariffs have been increased elevenfold. A House subcommittee passed a "domestic content" bill dictating that American cars must be made with 90 percent American materials, and the major Democratic presidential contenders have all endorsed protectionism in some form. The tragedy of "Buy American" is that it is at best a placebo--temporarily increasing job opportunities without providing real growth--and at worst a lethal measure, as other countries retaliate, choking off the 30 percent of our economy dependent on exports...
...President firmly believes that, as he has put it, "free trade serves the cause of economic progress and the cause of world peace." But even an ardent free-marketeer can make exceptions. Last week Reagan did, in a way that brought surprise and outrage from Japanese officials. Slapping an elevenfold increase on American tariffs for, of all things, imported heavyweight motorcycles, Reagan declared in an Executive memorandum that the action was "consistent with our national economic interests...
...stands for "upward" in Hebrew and is an apt description of the 20-year-old Israeli airline that carries the name. The company has increased its sales elevenfold and managed to earn a profit for the past ten years-without outright government subsidies. From a pitiful $5,750,000 revenue in its first full year of operation, El Al moved up to $12 million by 1957, when it introduced transatlantic flights with turboprop Britannias, and then nearly tripled revenues in 1961 with jets. Despite the Six-Day War, the airline grossed over $63 million and made a record profit...
...task of drafting a unifying platform, Nixon tapped as chairman of the ic>3-member Platform Committee a bright young nonpolitician: Charles H. Percy, 40, sometime boy wonder who became president of Chicago's Bell & Howell Co. (cameras) at 29, increased its sales eightfold and its profits elevenfold in a decade. Loyal to Nixon but leaning toward Rockefeller's liberal brand of Republicanism, "Chuck" Percy had to placate Rockefeller without angering the Old Guard, point forward into the 19605 without repudiating the Eisenhower Administration record of the 19505. Percy and Nixon hoped to accomplish all that with a brief platform...
...hold back the spread of older gadgets and conveniences, said O'Brien. Refrigerators, now nearing the saturation point in homes (90%), will approach 100%; use of electric ranges and water heaters will almost double; home freezers will triple; clothes dryers will nearly quintuple; room air conditioners will increase elevenfold, and television receivers will go up from 28 million to 66 million, of which 44 million will be color sets...