Word: pricey
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Dates: during 1990-1999
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...California can't arbitrarily lower its cost of labor or real estate. Intel, the world's largest maker of microchips, chose Albuquerque, New Mexico, as the site for a new $1.3 billion semiconductor plant, stiffing its own headquarters location in pricey Silicon Valley. New Mexico sweetened the deal further by giving Intel a 30-year exemption from property taxes for the plant, which Intel says will create 3,000 jobs. The exemption formed the bulk of a 30-year, $566 million incentive package from New Mexico that works out to nearly $190,000 per job. (New Mexico's unemployment rate...
...flat-rate, local-access providers like Netcom or PSInet have championed flat-rate service that allows unlimited access at $20 to $30 a month but can't always keep up with demand; busy phone lines have led many users to give up in frustration. The outcome: service that is pricey for some and problematic for others...
Regarding the Holyoke Arcade and the Shops by Harvard, remember, we're only getting rid of all that "pricey kitsch" in those shops that weren't making any money and replacing them with aesthetically pleasing and profitable businesses like the Coop. This will also enable Harvard to continue remodelling and moving things around. (Have you ever seen the Coop or Holyoke Center NOT remodelling?) Shades of the U.S. military arms industry. --Kathleen Chaudhry
When the Shops by Harvard Yard opened two years ago, we thought they were filled with services and goods largely irrelevant to students. We still think so. A $50 handblown vase or a silk tie may be a nice investment, but we don't need pricey kitsch outside our front door...
...foreign competition was caught off guard at first, but it is burning rubber to catch up, especially at the high end. Toyota has enlarged its rugged but cramped 4Runner; Lexus is just out with a pricey model (in the $50,000-plus range) that it calls the LX450; and Mercedes is hurrying to complete a $300 million factory in Alabama that will build a muscly growler it calls an aav, or all-activities vehicle, with a vip price tag in the mid-$30,000 range. (Will it have the effortless, raunchy, bad-attitude rumble of this writer's black-with...