Word: investers
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...Politics has a terrible reputation. We're striving to come up to the level of the used-car salesman. So if you have some options, who's going to go into politics?" Why, indeed, would a career woman select a field in which she is likely to have to invest a lot of money, disrupt her family and probably end up thwarted...
...capitalistic ventures can rival the return on invest ment of a movie megabit, and National Lampoon's Animal House is, in more ways than one, a gross example. Produced for a meager $2.7 million and promoted with a fur ther $4.5 million, the film so far has taken in more than $50 million. Producer Matty Simmons, chairman of the company that publishes the raucous monthly National Lam poon, expects revenues to top $80 million by year's end, not counting foreign distribution. That would place the film-among the top 15 movie earners of all time...
...this year to $1,404 next year on a salary of $22,900, and much, much more later on - that workers will rebel, Feldstein feels. He predicts: "Union people will be saying 'Don't raise our taxes. Let us keep our money. Let us invest it in private pensions, in which we can get a higher return.' " And that, says Feldstein, will add tremendously to capital formation...
Because of their savings incentives foreign countries invest much more than the U.S. does. Scarcely 10% of America's gross national product goes into private capital formation, but West Germany invests 15% of its G.N.P. and Japan 21%. In consequence, their productivity gains are higher, and they are beating the stripes off Uncle Sam in world markets...
...company can justify spending so much, the Government should allow several steelmakers to join in such projects. To stop the alarming erosion of America's capital base he contends, companies should be permitted to take their full depreciation allowances within one year-so long as they invest them all-instead of being obliged to stretch them over many years. Fast depreciation would cost the Treasury some tax revenues, but only for the first year. After that, tax collections would go up because profits would rise- and so would investments...