Word: saving
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Dates: during 1970-1979
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Their growth prospects evaporated largely because many industries became increasingly outmoded and continued to lose their edge in global competition. America was living off its accumulated capital stock, a consequence of its people's unwillingness or inability to save and invest. While the U.S. spent scarcely 10% of its national income on new factories, mines, tools and transportation systems, its allies and competitors the West Germans and the Japanese were investing 15% and 16.2%, respectively, of their incomes in such capital goods. One result: U.S. productivity, which had risen an average 3% a year in the 1960s, declined...
...audiences have changed, so have the mechanics of auctioneering. Twenty years ago, salesrooms were decorous, dusty-and dull. They were frequented mostly by dealers or agents for anonymous collectors. Save for the hobbyist or scholar who might attend a sale of arms and armor or rare folios, amateurs seldom bid for anything; mostly they were scared away. One intimidating aspect of auctions has been the seriocomic notion that by a cough or casual gesture the unwitting onlooker may become a high-rolling bidder. Only half in jest, Louis Marion, who headed the old Parke-Bernet firm and was the father...
Georgia's Patsy Morris and others work to save the condemned...
...emphasize politics. He does speak out occasionally about racial equality and has always insisted on an open membership policy, though First Baptist says it has no record of how many members are black. Pollard sees the U.S. in trouble, and one of his persistent themes is how to save American democracy in a hostile world. He is likely to point out that "the best in vestment of all is the missionary investment," after citing figures snowing that the average "overseas conversion to Christianity costs just $654 per convert - as opposed to the cost of $200,000 to kill a single...
...censors," argues Mel, adding, "only people with authority can censor." The Gablers simply make their views available to school board members and concerned parents, Norma explains. "They could read the books themselves but for us to read them will save hundreds of hours of time. If you don't read them line by line, you miss the most deadly or damaging content...