Word: low-cost
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...shortage forces them to rely much less on their large cars, millions of Americans have run smack into a painful reality: unlike all other industrial nations, the U.S. lacks a coherent, efficient and low-cost system of mass transportation...
...Further, a study by the U.S. Center for Disease Control in Atlanta shows that, despite the Hyde amendment, most low-income women are neither bearing unwanted children nor turning to kitchen-table abortionists. That is because 76% of the poor women seeking abortions live in the 15 populous states that have used state funds to make up for the lost federal money; many of the other 24% can get financial help from private groups or obtain abortions at low-cost clinics...
Treasury is expected to issue a preliminary finding by mid-July. State Department policymakers worry that action penalizing Mexican exporters would be a classic case of myopic policy. White House Inflation Fighter Alfred Kahn reckons that the lack of low-cost Mexican produce could add .5% to food prices. Two powerful Floridians on the House Ways and Means Committee, Democrat Sam Gibbons and Republican L.A. Bafalis, have blocked one measure that would have exempted produce from antidumping laws. Now it is up to Treasury to see if the case can be settled so that the U.S. will not find...
...hospitals, twelve health centers and 365 schools. In 1970, the country had two nurses and twelve doctors; the totals today are 624 and 211. Color television and air conditioning are common; new construction is transforming the capital of Muscat into a dusty city of modern banks, hotels and low-cost housing. By and large, British industry and contractors are the biggest beneficiaries of the development spending. Britain's share last year is estimated at more than $400 million. Despite its oil income, Oman has had budget deficits of $20 million a year for the past two years; the Saudis...
...worst offender is the so-called entitlements program. It was set up under Gerald Ford in 1974 to equalize the burdens of surging import prices between refineries that depend on expensive foreign oil and those with supplies of low-cost domestic petroleum. The complex program works this way: for every barrel of domestic crude that a refinery processes, the company must make a payment into an entitlement pool. The payment raises the price of each barrel of domestic oil halfway up to the cost of more expensive OPEC crude. At the same time, any refinery that imports costlier OPEC crude...