Word: low-cost
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...China," and the inexorable shift towards opening the Chinese economy to the West following the death of Mao Zedong in 1976, began to change the terms of the relationship between Beijing, Taipei and Washington. Where Chiang had once represented the authoritarian strongman presiding over a booming capitalist economy offering low-cost manufactured goods to the U.S. market and raising the living standards of its people, today that role has been usurped on the mainland by the Chinese Communist Party. The tension across the Taiwan Strait remains high, but its terms have changed. Today, Beijing's claim to Taiwan...
...expensive than conventional coal. Thus this new generation of synfuel plants makes no economic sense. Their only allure is the tax credit. To be sure, those who benefit from the tax credit dispute the notion that it is a windfall. They claim that it has increased the supply of low-cost coal, lowered electricity prices, improved the efficiency of coal-fired generators and been environmentally friendly. What's more, according to the Council for Energy Independence, the credit "has created new jobs in an otherwise shrinking business." Those jobs come with a stiff price: at least $200,000 from taxpayers...
...living laboratory. The most visible of these projects, a darling of Modernist architects, was an approach to building with pre-fabricated components. The modular concrete panels and brightly colored brise-soleil baffles of the Holyoke Center are indicative of Sert’s larger social goals of implementing low-cost building techniques for housing...
...Harvard is really serious about encouraging its graduates to engage in public service, it should offer its fresh graduates a little more than a nice-looking degree and piles of tuition debts. During the first couple years after graduation, Harvard should offer low-cost, subsidized health coverage from University Health Services. When young Harvard grads don’t have to worry about benefits, a lot more of them could take lower-paying but more service-oriented jobs...
...part of his $15 billion AIDS initiative, Bush recognized the importance of low-cost AIDS drugs as a tool for fighting the global pandemic. Cheaper generic versions of brand name drugs make it possible to reduce the cost of treating AIDS patients from $12,000 per year to $300 per year. As Bush acknowledged, “seldom has history offered a greater opportunity to do so much for so many...