Word: sst
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...SST became the focus of the rising public resistance against products that might harm the environment and against the expenditure of vast sums to bankroll "progress" that could be enjoyed only by the well off. Consumer activists have attacked products of industries as varied as autos and food. Yet no industry has been affected quite so dramatically as aerospace...
...company, which recently dropped its lease on one major assembly plant and turned two others into storage space, sees little chance to grow rapidly. The cancellation of the SST, which company designers labored on for more than a decade, casts a new pall over its future. The loss of the SST was a painful psychological blow as well as an economic setback. For the first time since the advent of jet travel, Boeing was deprived of work on "the big new plane" that the rest of the world would soon be discussing. The cancellation also meant the partial breakup...
...most distressing result of the industry's current misfortunes is the hardship borne by its laid-off workers. Many of the men and women who stopped working on the hornet-nosed SST prototype at Boeing last week had long service in the company. "I've been working on this plane for five years, and what really disappoints me is that I'll never get to see it fly," said one. "You really get attached to them...
...sales to foreign buyers amounted to $3.4 billion. If the U.S. loses the lead in aerospace, its balance-of-payments deficit (already running to $5 billion annually) could worsen considerably. Says Richard Marshall, vice president of DMS Inc., a defense marketing research firm: "The Senate vote on the SST lost us what might have been our leading export item from...
Even before the SST vote, it was clear that government at all levels should be doing far more for retraining the displaced persons of aerospace. Having en couraged many of them to pursue narrowly technological careers in a patriotic enterprise, the nation's officials are all but duty-bound to provide a chance for them to use their skills. Last week's action in the Senate only strengthened that obligation by freeing SST funds for other purposes. Another reason the lawmakers should be eager to help: if aerospace unemployment becomes an overwhelming problem, there may be rising public pressure...