Word: cheapness
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When I was an obnoxious adolescent, I used to deride Father's Day - and Mother's Day, too - as a Hallmark holiday, a phony anniversary designed to sell greeting cards and bottles of cheap after-shave...
Tourism offers a better life not just for those who make money from it but also for those who pay to enjoy it. A few steps from my friends' garden in Crete are cheap hotels that cater to Russians and eastern Europeans who, just the day before yesterday, could only dream of the Aegean sun. Rich Americans, too, have their lives enriched by travel--and not just while they are abroad. Tourism is like trade: it improves an economy's competitiveness. Trade does so because it stimulates local suppliers to match the quality and variety of imported goods. Tourism does...
...Cheap is one reason why many snowbirds spend 10 months a year in Mexico and then "vacation" back north during the hot summer. They can live comfortably on $500 a month, renting a plot for a trailer. Splurging, they can build an adobe mansion with a hot tub and a view of the sea for $80,000. A local doctor makes house calls for less than $20; prescription drugs often cost less than a third of their price in the U.S.--and for serious medical problems, a U.S. hospital is a three-hour drive away. At twilight, the dune buggies...
...fault lines: U.S. foreign sales corporations, cheap steel being dumped on U.S. markets, hormone-laced beef, genetically modified organisms, what have...
...trade representative Robert Zoellick has proven his ability to overcome some of the difficulties that vexed the Clinton administration's dealings with the Europeans. Despite looming conflicts over issues ranging from U.S. companies basing themselves offshore for purposes of exports to President Bush's call for an investigation into cheap steel being dumped on U.S. markets, the outlook is bullish for the Bush team to get the Europeans to agree on a new round of global trade talks...