Word: outputted
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...policy. Light industry, for instance, was up this year by 12% and there were impressive increases in rural incomes. Moreover, Finance Minister Wang Bingqian told the delegates that China's budget deficit for 1981 will fall to $1.6 billion, down from $8 billion last year. But heavy industrial output declined by 5% from last year. And the nation's overall growth rate was only 3%, far too sluggish for a country with an estimated per capita income of $250 annually...
Allis-Chalmers to lay off 1,300 in Missouri . . . Smith-Corona to suspend output at three plants employing 3,450 . . . Pennzoil to shut down all its copper and molybdenum operations...
...qualms about his restoration work on Khmer originals-about half of his studio's output-but he has mixed feelings when he sees his work for sale as the authentic article. "Sometimes I'm proud because they are so good," he admits, "but sometimes I'm afraid people will find out and get angry." In any case, he adds, "the dealers sell them for too much...
Almost invariably, efforts to improve the economy create a Catch-22 trap for Soviet leaders. To stimulate output, they must increase incentives and loosen central control. But to do so means giving up some of their vested power, which they are loath to do. Moreover, Soviet preoccupation with defense prevents any substantial diversion of resources to consumers. "The Soviets don't seem to take account of popular needs and wants as they should," says a U.S. official. Adds Goldman: "They have a tired leadership and a tired economy. Coupled with the pressures from places like Poland...
...with a little scoring output from Yale's superstars (a John Rogan to Curt Grieve touchdown pass, a Rogan to Rich Diana connection for another score, and a five-yard Diana run to follow up a magnificent catch by Grieve that accounted for a third), a crowd of 75,300 saw the upset-minded Crimson dispatched with ease and Carm Cozza win his third straight crown...