Word: marketed
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Dates: during 1970-1979
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Lance referred to his Washington ordeal only by indirection and with some country Georgia jokes about plucked chickens and soon-to-be-slaughtered lambs. He told of the elderly woman who picked out a chicken at a meat market, peered under its wings, poked its breast and tested its thighs, then rejected it. Complained the butcher: "Lady, I don't think you could pass a test like that." Lance also told of a zoo visitor who was pleased at seeing a lamb and a lion sharing a pen and praised the zookeeper for fulfilling the biblical prophecy that natural...
Lance suggested more seriously that his own experience in Washington should not frighten other businessmen from serving in the governmental zoo, even if a meat-market kind of inspection is required. But he warned against the tendency of Government and business to act as adversaries. More businessmen in Government service, he suggested, might reduce the friction. Argued Lance: "There are things that only business can do, and things that only Government can do. Government must be open and responsive and willing to hear what you have...
...most West Germans. But since unemployment began to rise in late 1973, the foreigners have found themselves treated as excess baggage, even though most continue to hold jobs and gratefully work long hours. Bonn has barred German firms from hiring new Gastarbeiter from countries outside the European Community. (Common Market rules guarantee citizens of its member states freedom of movement within the Community.) The government has also imposed tough new conditions on the renewal of residence and work permits. As a result, the number of Gastarbeiter in West Germany has dropped from its 1973 peak...
Getting the experts to describe the "crisis" often seems like asking them to analyze a Rorschach ink blot: each responds in terms of his own specialty. Most economists feel that the problem is not one of supply but of price-the cost of getting oil and gas to market. Specialists in international finance say that price as such is less important than the fact that consuming countries cannot keep handing over more and more money to the OPEC cartel members without imperiling global financial stability. By year's end the import bill for the U.S. alone will total...
...tertiary recovery methods exist to get that oil out: injecting high-pressure steam or liquid chemical solvents to dissolve the crude from tiny fissures in the rock. Some drilling experts calculate that the recovery rate could be increased to 60%, which would almost double U.S. recoverable reserves. The market price would be high-$14 to $20 per bbl.-but it might be reduced by technological breakthroughs...