Word: lower-cost
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That won't be easy. In the monopoly days, a utility simply passed its costs along to consumers. Now some utilities are saddled with high-cost plants, particularly nuclear facilities, just as lower-cost competitors are moving in. So high-cost outfits like Boston Edison and the New England Electric System in Massachusetts are selling off their generating plants to deliver power produced by other companies. Brash newcomers such as Enron Corp. of Houston, one of the country's largest distributors of natural gas, are buying megawatts of electricity on the open market and selling them around the country...
More than money, however, the pilots are upset at what they maintain is AMR's continuing attempt to shift jobs to its lower-cost commuter airlines. At issue is AMR's stated intention to acquire new 50-seat jets to replace existing turboprops on commuter routes flown by its American Eagle subsidiary. Eagle pilots earn one-third the salary of their American counterparts...
...style television sets, and the Ivana-thin display costs, ahem, $25,000 (for the 42-in. incarnation, on sale at Hammacher Schlemmer). Nonetheless, TV analyst Allen Griffin says the set is a good omen. The breakthrough "plasma" technology that made these high-end boxes possible should push higher-quality, lower-cost versions into the price range of mortals sometime near century...
...very hard to get rid of them." Or to keep them. Germany, with some of the top manufacturing pay in the world ($32 an hour, including fringe benefits), is in a panic over rising joblessness, at 11.1% the highest since World War II, because investment is moving to lower-cost places...
...health care privatization will remain. Health care and health insurance are not goods like apples or oranges; their distribution and trading greatly influences many sectors of the economy. Letting the health market run wild could give rise to deeper problems, such as a movement in medical research to lower-cost treatments rather than new and better alternatives. When the agents in the market are driven solely by profit, the overall quality of care is usually reduced. Complete privatization could also cause an arms race in technology, as managed care facilities compete for wealthy customers by offering--redundantly--the hottest...