Word: outputs
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Dates: during 1970-1979
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Antinuke forces thought such celebrating was premature. Physicist Henry Kendall of the Union of Concerned Scientists called the test meaningless because the LOFT reactor has less than 2% of the output of a typical atomic plant. Said his colleague Robert Pollard: "It's like using a kite to prove a moon rocket will work." But LOFT scientists rejected that argument. Said one: "It isn't necessary to crash 747s against buildings to test their safety." One thing was indisputable: the emergency core cooling system did work. Just to make sure that it does the job under different conditions, the Commission...
This year, real gross national product -total output of goods and services, discounted for inflation-probably rose only 3.8%. But consumer prices jumped so rapidly that in December they are likely to average 9.5% higher than at the end of last year. Result: the President, who began the year trying to prod the economy to faster growth, shifted gradually to a tight-budget policy and proclaimed wage-price guidelines that stop just short of mandatory controls. When even those measures failed to stop inflation and the sickening plunge of the dollar, President Carter on Nov. 1 welcomed a sharp increase...
PRODUCTION. Real G.N.P. next year will average a mere 2% higher than in 1978, and most of the growth will occur in the first quarter. By spring, or summer at the latest, output will turn down. Housing, as willingness to risk recession in order to reduce U.S. inflation...
...kind of first step in contingency planning, however, the U.S. was quietly asking several other oil-producing countries whether they would be able to increase their petroleum output in case Iran's production dwindled even further than it had already. At week's end a strike by oil workers had cut the country's normal daily production of 6 million bbl. to about half that total. Then, at the suggestion of National Security Adviser Zbigniew Brzezinski, the President invited George Ball, an Under Secretary of State in both the Kennedy and Johnson administrations, to join the National...
...that its shortages are temporary and have been unexpectedly aggravated by the breakdown of a refinery at Norco, La., for 13 days in November. The plant shut just as another Shell complex, at Wood River, Ill., was temporarily closed for routine maintenance. The double trouble cut Shell's output...