Word: product
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Dates: during 1960-1969
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Although conferral of the seal is supposed to be based on objective testing of a product, Rosenthal's investigation found the award to be as much an advertising gimmick as a guarantee to consumers. The legislator contends that the main criterion for granting the seal is whether a manufacturer agrees to place his advertising in Good Housekeeping magazine. In fact, the Food and Drug Administration has seized as "contraband" for quality and safety reasons at least two products advertised in the magazine, and is reportedly investigating several others...
...year, 27 million Americans go into a general hospital, where they spend an average of 8.2 days and get a bill of $530, about half of which is covered by insurance. The total cost of U.S. medical care is now $53 billion a year?5.9% of the gross national product, or 7.5% of all personal income. These figures are far higher than those for other Western countries with at least equivalent quality of care...
...from North Carolina, Kentucky and other primary tobacco-growing states also raised objections. They had some important economic arguments. Altogether 18 states raise tobacco in significant amounts; millions of Americans are somehow involved in tobacco growing, processing or marketing; cigarettes last year contributed $8.4 billion to the gross national product and $4.1 billion to federal and local taxes. Beyond that are the intricate legal and moral questions of whether the Government has the right to limit several lines of businesses, even for the sake of public health...
...Commerce Commission deserves every one of its superlatives: it is the oldest and largest of the federal regulatory agencies - and the most ineffective. Overseeing some 18,000 companies involved in transport by truck, rail, waterway and pipeline, the ICC regulates industries that account for 20% of the gross national product...
...other extreme stands Norman Mailer, accounting for the pain and exertion that accompanied the writing and publishing of The Deer Park. His piece is another of those arresting homemade commercials for N.M., now no longer a product in search of market but a literary institution of proven value. Mailer attacks his subject with the energy of pent-up resentment and a confidence in the infallibility of his instincts...