Word: profitability
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Dates: during 1970-1979
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...year to the capital investment supporting each man-hour of work. Since then this capital-labor ratio has increased only 1.75% annually. Economists argue fiercely whether the chief reason has been tax policies that favor consumption over investment or business fear that recession and/or inflation will wipe out the profit on new investment. In either case, the result has been to slow the introduction of cost-cutting, labor-saving machinery and, says the CEA, to slash the growth of productivity by half a percentage point each year...
When President Carter formulated his anti-inflation program, he either forgot or dismissed the rhetorical question he posed two years ago in a statement to the American people: Who will profit from these prices and to what degree? The answer to the question is sadly predictable...
...question is: Who will profit from these prices and to what degree...
...Soviet government will not profit from these events. The forces that have come into the open in Iran are illogical and irrational forces, which are not good for the Soviet and American positions. They are negative...
Since 1971, A&P has cut the number of its stores from 4,400 to 1,800. Despite this reduction and a self-critical ad campaign that promised "to put price and pride together again," the company has either lost money or barely made a profit in every subsequent year. One reason is that A&P elected to close stores one by one in 36 states, with the result that it did not get the distribution savings of quitting an entire region. The cutbacks also left a lot of spare capacity at A & P's private-label, Ann Page...