Word: instead
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Dates: during 1970-1979
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...Instead there is a lot of talk. Much of it in impenetrable spaceflight jargon. Scanners, deflectors, warp speed, linguacode-words like that are always being barked into the intercom. But it is never to the point: it is hard to decipher where the starship Enterprise stands vis-a-vis the mysterious intruder from outer space. When the crew are not jabbering in technocratese, they are into metaphysics, one of the characteristics of the old Star Trek television show and a major reason for its cult vogue among the half-educated...
Fast food chains such as McDonald's, Wendy's and Howard Johnson's would suffer. Restaurants near population centers would surge. So would air travel, as people flew on vacation instead of driving. That would boost sales of more fuel-efficient jets, and Boeing, Lockheed, McDonnell Douglas and other planemakers would benefit. But resorts in South Florida and New York's Catskills would be hit hard because most people go there by car. Roadside motels would suffer, but rents of apartments and values of houses close to city centers and public transit would climb...
While OPEC becomes richer, the rest of the world will grow poorer. For example, suppose oil hits $30 before the end of next year. Instead of a projected balance of payments surplus in 1980, the U.S. could wind up with a deficit of $15 billion, further weakening the dollar.* Overall, the combined balance of payments deficit for all industrial nations would climb from this year's $16 billion to perhaps as much as $40 billion in 1980. Developing nations would be hurt worst, since many of them have no exports of real value to count on at all. Their...
...power alignment seems likely to emerge in Caracas: a loose coalition among Saudi Arabia, Iraq and Kuwait, the Persian Gulfs three biggest Arab producers, which now dominate the Persian Gulf trade as Iran sinks deeper into internal chaos. Instead of moderate price increases, higher production and cooperation with Washington, the outlook for the cartel as a whole seems to be for substantially higher prices, tighter supplies and increasing disinterest in whatever the U.S. seeks...
Last week TWA got off the Airbus and decided instead to buy ten Boeing 767s at a cost of $500 million, with an option for ten more. TWA had difficulty choosing between the 767 and the A310 because the planes are so much alike: both are snub-nosed, wide-bodied, twin-engined, fuel-efficient craft. But the Boeing seats seven passengers abreast and the Airbus eight. The TWA order for 767s will probably grow to 40 or 45 by 1987. Total cost: $2 billion. Coming on top of orders from United, American and Delta, the TWA deal further assures Boeing...