Word: shortsightedness
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Ed Gossett, 49, seventh-term Congressman and a member of Speaker Sam Rayburn's loyal band of Texans, got up to make a speech about the underprivileged Congressman. Inflation had made it impossible, he explained sadly, for him to support his wife and five children on his $12,500...
Charlie Wilson also has set in motion a big expansion program in the machine tool industry, which has been hobbled by a shortsighted OPS pricing policy and delays in priorities for materials. By assuring manufacturers higher prices, Wilson hopes within a year to increase annual machine tool output from $675...
It was a dangerously shortsighted view.
Any company that pays an excess-profits tax is shortsighted. So Tax Expert Beardsley Ruml told the Gas Appliance-Manufacturers Association in Chicago last week. It is management's duty, said Ruml, to use any profits that would be clipped by the tax to pay for research, development, increased...
The crushing Chinese counteroffensive in Korea had put General MacArthur on the griddle at home and in Europe. In Washington, carefully anonymous military officials who love to chuck harpoons at MacArthur leaked reports that he had defied Administration suggestions that he halt his troops well short of the Korean-Manchurian...