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...gains of 12% or more in 1971. But the ill effects of the squeeze will be felt for years to come. Because business has been hiring fewer people -notably young executives and technicians-it stands to lose many of the fresh, new ideas that make the economy grow and prosper. The paring of research will have consequences that can only be guessed at. The pressure on profits also aggravates inflation: the tighter the squeeze on earnings, the less room corporations have to absorb the increase in their costs without raising their prices...

Author: /time Magazine | Title: PROFITS: Postwar Low for Margins | 3/15/1971 | See Source »

...squash its smaller rivals, Lester Kilpatrick, president of California Computer Products, argued: "IBM, not the independents, is on the defensive. For the first time in its history, IBM has been forced to lower prices to retain its predominant share of the market. The rest of us can prosper...

Author: /time Magazine | Title: Business: A Growth Industry Grows Up | 3/1/1971 | See Source »

...Then came a Washington speech at the dedication of the new Eisenhower National Republican Center. The event, coinciding with Senator Robert Dole's official appointment as G.O.P. national chairman, might have been the occasion for a standard partisan talk. Instead, Nixon stressed national unity. The Republicans can prosper, he said, only by becoming "the party of the open door, open to all people, all races, all parties...

Author: /time Magazine | Title: The Nation: State of the Union, State of the President | 1/25/1971 | See Source »

...this holiday season, the brokers' fabled bonuses were merely a remembrance of things past. Scarcely 10% of the houses paid any bonuses. On the other hand, Salomon Brothers & Hutz-ler, the big bond-trading house that manages to prosper during the lean years and the fat, paid its employees bonuses of two weeks' to three months' salary...

Author: /time Magazine | Title: STOCK MARKET: The De-Greening of Wall Street | 1/4/1971 | See Source »

Clark Kerr, Commission chairman, said that if educational institutions are to prosper the federal and state governments will have to contribute substantially more funds than in the past...

Author: NO WRITER ATTRIBUTED | Title: Study Forecasts Trouble For University Finances | 12/5/1970 | See Source »

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