Word: product
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Dates: during 1960-1969
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...surtax-he will enjoy the benefit of "a fiscal dividend." This dividend is created by the automatic rise in federal revenues that accompanies the economy's growth; automatic, that is, so long as the economy does grow, for recessions have not yet become unconstitutional. If the gross national product continues to advance at a rate of an average 6-7% annually, tax revenues will increase faster than federal expenses. This will produce a dividend of $8 billion in 1971 and thereafter climb impressively to $35-$40 billion by 1974. By applying the fiscal dividend as he sees fit, Nixon...
...Merck researchers, Drs. Robert G. Denkewalter and Ralph F. Hirschmann, went at it differently. They prepared groups of six to 17 amino acids in linked series. They then put these groups together to form the ultimate 124-link chain. Their product turned out to be the same as the Rockefeller synthetic enzyme; its identity was proved by the way in which it broke down ribonucleic acid...
Fortunately, no jolting slowdown is expected. In its annual report, the President's Council of Economic Advisers foresaw a 6% gain (to $941 billion) in Gross National Product this year. Inflation should account for "a little more than 3%" of that growth and real output "less than 3% ." Real growth last year...
Enter the Engineers. The effort that went into the Pampers' development was worthy of the creation of a new line of automobiles. Product designers created the company's first disposable diaper in the late 1950s, but it flunked its market tests because the retail price of 10 ? was simply too high for mothers -who make an average of eight diaper changes a day. The problem was then turned over to production engineers, who devised a high-speed, block-long assembly line that brought the price down to 5½?. That is considerably more than the cost of buying...
...CENTRAL dogma of this view is that the rebirth of the Left in this country is essentially a product of cultural decay with no real relation to political or social reality. Certainly, disaffection with the cultural debris of our society is one important source of radicalism--the significance of that fact has been a matter of intensive debate, within the Left, and particularly within SDS, for some time now. But in the hands of Irving Howe--and the hundreds of magazine writers who came after him--such a fact is used to prove that a young radical has no concern...