Word: soaring
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...York is not the only state in which the cost of malpractice insurance is rising. Premiums in California climbed by more than 400% between 1968 and 1970 and are likely to go up again this year. Insurance rates in Maryland have recently increased by 46.9%, and may soar another 48% if the state's major malpractice insurer is granted its request for a hike. Even in such states as New Hampshire and South Carolina, where patients seem less prone to bring suit against their doctors, costs of coverage have recently moved upward...
...opportunity to begin to move on to other issues--building a world of peace, ending racial and sexual discrimination, and redistributing wealth and power. Even the first steps--for example, fighting the inflation Nixon's economists have tried to stop by freezing wages while helping corporate profits soar--will be infinitely easier if the Watergate cancer is treated as it should be with excision...
...opportunity to begin to move on to other issues--building a world of peace, ending racial and sexual discrimination, and redistributing wealth and power. Even the first steps--for example, fighting the inflation Nixon's economists have tried to stop by freezing wages while helping corporate profits soar--will be infinitely easier if the Watergate cancer is treated as it should be with excision...
...MRCA fighter-bomber interceptor gets off the ground nicely this week, it may also take some business from U.S. companies. The swing-wing, twin-engine plane can break the sound barrier at near treetop level (752 m.p.h. at sea level), then soar high into the stratosphere at more than 1,350 m.p.h. -and do all this while carrying an unusually heavy weapons payload. The plane is specifically designed to replace aging U.S. aircraft in the West German Luftwaffe and navy, the Royal Air Force and the Italian air force...
With wage-price controls dead, some businesses are boosting prices in order to increase profit margins. Raw-material prices continue to soar: last week the island nation of Jamaica announced plans to triple taxes and royalties on bauxite exports. The move will force up aluminum prices in the U.S., which gets 60% of its bauxite from Jamaica. Also, predicts Joseph Pechman, the U.S. is "going to begin to see a wage-price spiral." Wages have been rising at an annual rate of only 6½% to 7%, but Pechman believes that unions in an era of soaring inflation will become...