Word: lowes
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Dates: during 1970-1979
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Dressed in somber gray suits and minus 25 Ibs. (thanks to a low-fat diet), he stressed pet schemes: overhaul the fiscal and monetary system, rebuild the cities, renew the space program, balance the federal budget, protect the environment, phase out nuclear energy. Says Brown: "The Democratic Party is headed for defeat in November unless it comes up with the answers for the decline in our economy, the decline of our technology...
Some entrepreneurs also complain that corporate giants are indifferent to small projects. Harris J. Bixler, president of Boston's Avco Everett Research Laboratory, contends that new products that promise tidy but unextravagant revenues go unsupported by Big Business even though the initial investment might be low. Says he: "Large companies could care less about the guy who has a $100,000 idea. They'd lose that in the paper-clip account." Such technological triumphs as Xerography and Polaroid film were developed by small innovator-entrepreneurs only after larger firms turned down the ideas...
...Government has also begun to recognize its responsibility for the low level of innovation. "Whether intended or not, the Government is inevitably involved in today's innovative process," concedes Richard A. Meserve, policy analyst for the White House Office of Science and Technology Policy. In the past three years President Carter has shifted the balance of federal R. and D. spending, which this year will total $30 billion, toward basic research. Carter this month will also present the results of a 20-month Commerce Department study on innovation. Presidential recommendations are expected to include modifications of patent and antitrust...
...makers of these low-slung models report substantial backlogs, with customers on a waiting list of up to 20 months. Maserati could double its production rate of two cars a day and still not fulfill all its orders. This year Aston Martin will sell 320 models (vs. 287 in 1978) and increase production next June from six cars a week to seven...
...result was not only The MTM Show, but eventually Rhoda and the Lou Grant show. Brooks, Weinberger and a fellow writer-producer, Stan Daniels, went their own amicable way in 1977 and formed the partnership that has produced The Associates and Taxi. If The Associates survives its early low ratings, Brooks' income will rise faster than the price of gold...