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...Democratic Economist Alice Rivhn, concluded that such action would enrich the Treasury but result in less oil for the country. The study showed that domestic oil production in 1990 under the tough House tax would be 7.1 million bbl. per day, while it would be 7.6 million with the lighter Senate bill and 7.9 million with no tax at all. Lower taxes encourage more drilling by offering the incentive of a larger jackpot to wildcatters finding...

Author: /time Magazine | Title: Business: A Bit of Good Energy News | 11/26/1979 | See Source »

Turnout was reported lighter than usual in East and North Cambridge, traditionally more conservative areas. In mid-Cambridge, a liberal section of the city with many tenant voters, poll workers reported heavier voting...

Author: NO WRITER ATTRIBUTED | Title: Cambridge Elections Draw Moderate Turnout at Polls | 11/7/1979 | See Source »

...down." But a major problem was what Henry Ford concedes to be "poor planning," and he accepts much of the blame. Four years ago, he said no to arguments that Ford should build a front-wheel-drive subcompact for the 1979 model year; front-wheel drive means shorter hoods, lighter weight and, consequently, less use of fuel. Concerned by the size of the investment gamble, Henry Ford demurred. That was a mistake. When the gas lines reappeared, and Americans shifted to small cars, Ford was still offering its decade-old Pinto. GM, with its snazzy new fuel-sipping, front-wheel...

Author: /time Magazine | Title: Business: Ford's Touch of Chrysler Flu | 10/15/1979 | See Source »

...fact, is the least successful. "A Circle of Friends" depicts Stalin and his top advisors on the eve of the German invasion in June 1941 as a pack of drooling children barely able to complete a crossword puzzle, let alone manage a nation. Voinovich's farce bludgeons where a lighter hand might better serve Western audiences weaned on Animal Farm's model of anti-Stalinist allegory...

Author: By Scott A. Rosenberg, | Title: Slavic Deadpan | 10/12/1979 | See Source »

...comes down to the marketplace. We have to go head-to-head with every car there, and the key is the 1 million front-wheel-drive cars that we'll have in 1981. They'll have the same interior dimensions, but they'll be shorter, lighter and get 7 m.p.g. more on average than the compacts and subcompacts that they will replace. We will be profitable in '81-if we can't do that we should get out of business...

Author: /time Magazine | Title: Business: Lee lacocca's Hard Sell for Help | 10/8/1979 | See Source »

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