Word: grossness
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Dates: during 1970-1979
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...expanded at a robust rate. In the second quarter, when President Carter dropped his $50 tax rebate stimulus proposal, some seers again lowered their sights-and again were proved wrong. Last week the Commerce Department reported that in the three months ending in June, the nation's real gross national product grew at a healthy annual rate of 6.4%. That compares favorably with the first quarter's growth, which last week was revised upward from...
Greater use of less-efficient labor, however, will slow growth. By the end of the century, Jorgenson forecasts, "there will be a reduction in gross national product of 10% below what it would have been" had the pre-OPEC balance between the costs of utilizing labor and capital continued...
...saga of coastwatching has been swamped by the gross tonnage of war books launched in the past 30 years. Yet, as Lord describes it, vital Pacific island victories were won with the eyes and ears of clandestine observers: ex-planters, Micronesian guides, Australian mavericks, priests and nuns, who provided intelligence essential to understanding the enemy's battle plans...
...Without bothering to wait for the verdict of investigations ordered by himself, Governor Hugh Carey and President Carter, the mayor quickly zeroed in on Consolidated Edison Co., the company that New Yorkers love to hate (see ECONOMY & BUSINESS). Declared Beanie: "Con Ed's performance is, at the very best, gross negligence?and, at the worst, far more serious." Responded Con Ed Chairman Charles Luce: "It's a little like saying, 'We'll have a fair trial before we hang the defendant...
...writers howled over the fact that only three days before the city went dark, Con Ed's $200,000-a-year chairman had said he could "guarantee" that the chances of another blackout were remote. New York Mayor Abraham Beame summarily convicted Con Ed's management of "gross negligence," if not something "far more serious...