Word: low-cost
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Only three years ago, Commodore International of West Chester, Pa., was the hottest name in a hot game: home-computer sales. Its Commodore 64 was the Volkswagen of computers, a low-cost, dependable model that became the best- selling machine in the business. The company's earnings reached a record $144 million in its fiscal year...
...Low-cost oil could help the Federal Government deal with its debilitating budget deficit. As long as crude prices are falling, increased energy taxes would be a relatively painless way of raising money. In the Senate, New Jersey Democrat Bill Bradley has proposed tripling the current 9 cents-per-gal. gasoline tax, a move that he estimates would bring the Government an extra $15 billion a year. President Reagan conceded for the first time last week that he would listen to proposals for an energy tax, but only if it would be used for reducing other levies rather than purely...
HOUSING. Reagan wants to end federal subsidies for construction of low-cost housing and substitute a system of vouchers that would help poor families rent privately built quarters. Saving in fiscal 1987: $3.8 billion...
Since the University's self-insurance group, Controlled Risk Insurance Company (CRICo.), provides its physicians with low-cost malpractice insurance, Harvard doctors say they have remained relatively insulated from financial troubles. Meanwhile, many obstetricians, orthopedists and neurosurgeons in the state have threatened to drop their practices to protest high medical malpractice insurance rates and state caps on medical costs...
Neighborhood groups, who oppose this move in favor of low-cost housing and blue-collar jobs on the Simplex site, are expected to petition the City Council to tighten the area's zoning restrictions...