Word: jonesism
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Dates: during 1970-1979
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The standard target of liberal Democrats is the defense budget, which has leaped from $74.5 billion in fiscal 1973 to $117.8 billion budgeted for fiscal 1979, largely because of increased personnel costs. A presidential panel last week recommended reform of exorbitant military pensions. Now, a 20-year veteran can retire...
Generally, the income of a top executive rises and falls in line with his company's profits. Examples: Willard F. Rockwell Jr., chairman of Rockwell International Corp., got $636,000 last year, an increase of 27% on a 17% profit gain. Reginald H. Jones, chairman of General Electric Co...
On Thursday the Dow Jones Industrials climbed nine points, then surged by almost 20 on Friday, to close at 795, the highest since early January. By day's end, 52.3 million shares, worth $1.4 billion, had changed hands-both records. The previous high volume was 44 million shares on...
The elevation of the hard-driving Jones, whose dark circles under the eyes accurately convey the career-long intensity of his striving for the top, was interpreted at the Pentagon as a reward for the relative combat readiness of the Air Force, as well as for Jones' own willingness...
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