Word: kemper
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Forecasters agree that U.S. exports will be the main engine for whatever growth is achieved in 1988. "The export industries appear to be out of the woods," says Thomas Swanstrom, chief economist for Sears. David Hale, the chief economist for Kemper Financial Services in Chicago, predicts that exports of manufactured goods could jump 15% to 20% next year, at the expense of America's trading partners. "We are going to increase our market share," he says, "largely by cannibalizing the foreigners...
...minority of the economists, though, were concerned about the outlook for inflation. Kemper's Hale is worried that in its rush to downsize, corporate America may have set the stage for capacity shortages that could create bottlenecks and drive up prices. Says he: "We have now had five years of underinvestment in manufacturing. The new lean and mean strategy may simply represent a form of corporate anorexia...
...ruinously expensive one. A four-week drying-out regimen can cost anywhere from $4,000 to $20,000 for in-patient care; today medical insurance covers the tab for 70% of American workers in companies with more than 100 employees. In the early 1970s, the Kemper Group of Long Grove, Ill., was the first national insurance company to include coverage for alcoholism in all its group policies. The firm's hunch: the bill for helping an alcoholic quit today would be cheaper than nursing him through afflictions like cirrhosis of the liver and strokes later in life. The logic...
...markets have been less than welcoming. As the global marketing battle takes hold, some countries are reacting with protectionism. Moreover, economic expansion around the world is so sluggish at the moment that few countries besides the U.S. are showing much demand for imports. Observes David Hale, chief economist for Kemper Financial Services: "The U.S. has been playing the role of global borrower and spender of last resort because of a sharp slowdown in the growth rates of other countries...
Galaburda, who heads the Dyslexia Research Laboratory at Harvard-affiliated Beth-Israel Hospital, and another doctor, Thomas Kemper, were the first to provide evidence for the neurological origin of the disorder. In 1979 they first discovered abnormalities in the brains of dyslexics...