Word: profitlessness
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...each short ton (2,000 Ibs.) of bulk cargo and 95? a ton for general cargo. A modern C-2 freighter carrying 4,000 tons of bulk cargo (ore, grain, pulpwood. scrap) and 4,000 tons of packaged merchandise would pay $5,955 for a one-way passage; a profitless trip in ballast would cost only $475 in tolls...
...Central But. Government, said Nixon, should help "correct the evils of inflation, profitless prosperity and low productivity." Action already taken includes: 1) more extended unemployment compensation; 2) accelerated Government spending especially in hard-hit areas; 3) more credit. Government should promote a sense-making public-works program but should resist "massive spending-a spending binge now can only lead to a, hangover of debt and inflation later...
...PRESSING question for every U.S. businessman, to say nothing of his stockholders, is: how will profits be in the near future? Very often the answer is gloomy. Executives mutter about the "profit squeeze" and "profitless prosperity," point ominously to figures showing that while sales increased more than 100% in ten years, net profits declined from 5.2% of sales in 1947 to only 3.5% last year. But the figures are misleading. The so-called profit squeeze is more apparent than real, simply because companies are spending so much money on replacement and expansion programs that have cost $264 billion since World...
...waterway has indeed opened up the Gulf's vast natural resources at bargain-basement prices. TIME editors and reporters are doing a wonderful job enlightening the people of the U.S. and the world on the progress of places that seemed, a few years ago, too remote and profitless to develop...
...force moved in. the pretext for Soviet intervention would vanish. But the conditions that made the threat possible-the hatreds and tensions, the obvious advantage to the Kremlin of involving the West in a drawn-out and profitless war there-remain...