Word: lesses
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Dates: during 1970-1979
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Hurt Reynolds, actor, on the absence of his mustache: "I do look less sexy. Now I look like I make love in the bedroom and not on the living room floor...
NASA officials admitted that it will probably be years before the U.S. can equal the new mark. What made the triumph more galling is the fact that it was achieved with equipment far less advanced than the U.S. space shuttle, which is not scheduled to make its first orbital flight until late next year...
...inflation but have also contributed mightily to the weakening of the dollar. In theory, the 40% fall of the greenback against the yen over the past two years should have helped correct the U.S.-Japanese trade imbalance. This would happen if Japanese exports became more expensive and therefore less attractive to American buyers, thus cutting the cost of U.S. exports to Japan. To some extent, this has happened. For instance, Toyota's U.S. sales fell almost 8% in the first nine months of 1978, partly because prices of new cars were lifted 13.9%. Yet, overall, sales of Japanese exports...
...reason. During the third quarter, the U.S. managed a jump in nonfarm productivity of 3.7% at an annual rate, compared with a first-quarter decline. The increase was startling because productivity has slipped badly in the U.S. since the mid-1960s, partly as a result of the flow of less skilled people into the labor force and the proliferation of costly government regulations. For the past five years America's rate-of-productivity growth has been below 1%, vs. Japan's 5.5% and West Germany...
Beyond its immediate marketing problems, Chrysler faces a more general need to change directions. Alone of the Big Three, the company has never really nurtured a specific vision of the kinds of consumers it hoped to reach. Its customers tend to be older, less affluent and more conservative than those of Ford or General Motors. The Omni/Horizon, Detroit's first front-wheel-drive car, is a promising breakthrough, but Chrysler still faces a changing marketplace with limited financial resources...