Word: payoffs
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Dates: during 1970-1979
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...scrape away all the rhetoric, however, the bill boils down to what Rep. John Erlenborn (R-Ill.) calls "a political payoff in every sense of the word." By all rights, both the House and Senate versions should have followed the path of their numerous successors, slowly fading into oblivion while a committee decided it had more important things to do. But back in 1976, Jimmy Carter discovered the National Education Association--an uncommitteed and potentially powerful block of votes. So Carter promised the NEA a department of its very own and the NEA gave Carter its first endorsment...
REDUCED R. AND D. Spending on research and development has dropped from about 3% of G.N.P. in 1964 to 2% last year. One reason: managers have concluded that inflation makes the payoff too long-term and too uncertain. One result: the number of U.S. patents issued to Americans has fallen 25% since 1971, while the number issued to foreigners has risen...
...Boeing and General Dynamics, the flyoffs payoff is huge. Each ALCM is estimated to cost only $1 million (vs. $5.8 million for a submarine's Trident I ICBM). However, the Pentagon plans to order 3,000, making the prime contractor's share about $2 billion. By early next year, the contest results are to be announced and the first ALCM-armed B-52 could enter the bomber fleet by December...
...know how much energy would be expended just to build the plants, roads, railroads, machines and tools needed to create the synfuels industry-and how much time would pass before the U.S. realized a net energy gain. Simply building the necessary infrastructure will chew up years. Yet the payoff in the form of oil and gas could be so enormous that the U.S. might, some decades hence, become again an exporter of energy. The U.S. has an enormous potential lode of synthetic fuel, and the growing consensus among business and political leaders is that this is the right time...
...homestretch, veered wearily outside. Hernandez drove Coastal through the narrow opening on the rail, and the Belmont was theirs. Spectacular Bid faded, finishing behind second-place Golden Act. Coastal's victory earned $161,400 for California Owner-Breeder William H. Perry, and the payoff was especially sweet. Since Coastal had been unable to race until April, Perry had failed to nominate him for the Belmont and had been forced to ante up a last-minute supplemental entry fee of $20,000 to make his colt eligible for the race. Coastal thus became the first supplemental entry ever...