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...ICBM silos would be supplemented by another 50 "garrisoned" on special railroad cars stationed on military bases. If a U.S.-Soviet confrontation loomed, the missiles would be moved out on 180,000 miles of railway across the nation. The main advantage of this scheme is its relatively low price tag: an estimated $12 billion for 50 missiles carrying 500 warheads. A somewhat cheaper option ($8 billion) would shift the existing silo-based MX's to railroad flatcars...

Author: /time Magazine | Title: A Choice of Arms | 4/3/1989 | See Source »

Critics of the plan, however, believe it will prove a costly, unrealistic mistake. Though estimates place the cost of the initial phase at about 60 cents a person a day for the first five years, or about $2.79 billion a year, opponents believe the price tag could be as high as $15 billion a year. A study prepared at the University of Southern California calculated the resultant loss in jobs -- mainly from companies forced by added antismog costs to relocate -- to be in excess of 30,000. "This area used to be called the promised land," complained Los Angeles County...

Author: /time Magazine | Title: Environment: A Drastic Plan to Banish Smog | 3/27/1989 | See Source »

...Government, university and private laboratories, and several computer and data centers. With contributions from other Government agencies and private organizations like the Hughes institute, the total annual cost of the project will probably rise to $200 million, which over 15 years will account for the $3 billion price tag...

Author: /time Magazine | Title: Science: The Gene Hunt | 3/20/1989 | See Source »

...with a tight monetary policy, he will present the Administration with serious handicaps in meeting its fiscal goals. Any jump in borrowing rates would raise to even more astronomical levels the huge cost of bailing out the S & L industry. While the Administration put the total ten-year price tag at $90 billion when it announced its rescue plan last month, that forecast was swiftly raised to $126 billion. Last week Treasury Secretary Nicholas Brady said the cost is now expected to reach $157 billion...

Author: /time Magazine | Title: Feeling The Heat of Inflation | 3/6/1989 | See Source »

Despite all the ballyhoo about the $8 million price tag, the work onstage can appear modest, even a little tatty. The sets are mostly painted drapes, an awkward compromise between old-style realism and contemporary abstraction. There may be hundreds of costumes, but a lot of them look flimsy; they might have been basted together by the second-rate strippers in the You Gotta Have a Gimmick number from Gypsy. While the performers dance as brilliantly as one would expect from disciples of Robbins, most can't act very well, and there is not one striking singer in the entire...

Author: /time Magazine | Title: Show Business: The View from the '80s | 3/6/1989 | See Source »

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