Word: investers
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...shut down 25 plants because of excess capacity in the auto industry. We said to ourselves, 'We're not going to face this again.' " That attitude is to be expected, says Fred Bergsten, director of the Institute for International Economics: "A reluctance to invest in new capacity is a natural reaction to years of meager profits...
...companies might want to take a cue from the Japanese, who invest in the future without being overly concerned about the impact of temporary recessions on short-term profits. They want to make sure they have enough capacity when demand surges. And with U.S. manufacturing in the midst of a renaissance, it is certainly no time for American managers to be timid...
Alumni active in the divestment movement criticized Harvard's policy of continued investment in companies doing business in South Africa. "It's particularly shameful for Harvard to invest in [Sullivan's] name for so many years, and then when he has the courage to change his views, [for Harvard] to say that he is wrong," said Dorothee E. Benz '87, executive director of Alumni Against Apartheid...
...deployment of SDI. Calls for a 50 precentreduction of strategic weapons. CENTRALAMERICA: Opposes any aid to the contras.Supports Arias peace plan. DEFICIT: Willreduce the deficit by up to $40 billion per yearby freezing military spending and imposing an oilimport fee. EDUCATION: Says federalgovernment should give matching funds to parentswho invest money in accounts specifically fortheir children's education. TAXES: Favors a$5-a-barrel oil import fee, against raising taxes.TRADE: Sponsored legislation that allowsthe U.S. government to place tarrifs on theproducts of any nation that fails to provide fairtrade opportunities...
Massachusetts is especially risky ground for Democratic intruders because state primary rules allot delegates to candidates only if they win 15 percent or more of the vote. Those who fail to meet that threshold will have nothing to show for whatever effort they invest in the state. And local Democrats say the governor's lead is prohibitive, leaving them with little to do, and rivals with little hope...