Word: refundability
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Unfortunately, the Administration's fiscal policies assume that the tax rebate will set in motion a self-perpetuating cycle of reinvestment, opening up new jobs, new income, new demand. But the corporations to whom the Administration intends to refund capital already have extensive plant and production facilities in existing industry. Investment by such mature firms tends to take the form of buying equipment to reduce costs; in a word, it takes the form of automation. Thus the business-as-usual cycle may well stop half-way, before new job opportunities are opened. The firms benefitting from the tax cut will...
...Adriatic island of Brijoni. But come winter, Brijoni's climate is just too cold and cloudy, so the dictator has ordered yet another villa, likely to be equipped with his specially designed pool, to be built 170 miles southeast on the island of Hvar, where the hotelkeepers refund the day's rent if the sun doesn't shine...
Medikaiser's immediate future is bright. It has just negotiated a $35 million loan from banks and insurance companies to refund some of its debt, build five new clinics, build a new 150-bed hospital and medical center in Santa Clara, and make additions to several present hospitals. "And still," sighs Dr. Garfield, "in some areas we can't accept new members because our facilities are limited." Adds Dr. Cutting: "We don't brag about the quality of care we give, but you can judge it from the fact that now when we go out to recruit...
Persuasive Speech. The festival was organized as a salute to Soviet music in general: along with Shostakovich came Conductor Gennadi Rozhdestvensky, Violinist David Oistrakh, Cellist Mstislav Rostropovich and his wife, Singer Galina Vishnevskaya. (After Pianist Sviatoslav Richter failed to show up, forcing the refund of $11,200 worth of tickets, the Russians tersely announced that their great virtuoso was resting at home with a mild stroke.) But for all the heavy concentration of glamorous box office names, the center of attention remained Shostakovich, who often could be seen sprinting from one concert hall to another to keep up with...
STRATFORD TRIPCANCELLED The trip to Stratford has been cancelled because of undersubscription. Those persons who paid their deposits should come to Matthews 4 for a refund...