Word: production
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Dates: during 1980-1989
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...they did pay their own way, eating out would be cheaper for all of us. Just like any other subsidy, favorable tax treatment artificially stimulates demand for a product and increases the price of that product. Were it not for the T and E deduction, restaurants would be cheaper for everyone, including those of us who don't enjoy generous expense accounts...
Wilder, himself a product of segregated education and law school at Howard University, will be the embodiment of state government for the next four years. When he is inaugurated in January, he will command more day-to-day administrative power than any other elected black official in the nation's history. (P.B.S. Pinchback, hitherto the nation's only black Governor, served for just four weeks in Louisiana during Reconstruction.) But there is also an important symbolic dimension to Wilder's election. It is sobering to remember that just one other black has been elected to major statewide office since Reconstruction...
...prices at the dairy-farm level are up 11% over last year, to $1.40 per gal. Chicago-area producer prices have risen 13%, to $1.25 per gal. Dairy experts believe the shortages and price increases will continue through the winter, when consumption is highest. For relief, major dairy-product buyers are urging the Government to lift restrictions against milk imports...
...Kids on the Block are commercial product all right, right down to the heels of their felony flyers. Fast-food Princes, Jack-in-the-Box Jacksons, rappers with no nutritional value. Right. They're also pretty good and, of course, just plain pretty. Their just released Merry, Merry Christmas is a Yuletide celebration that sounds snappy while simultaneously evoking the innocent pleasures of mistletoe and holly. All the things that hard rap never is, but those 7 million record buyers apparently yearn for it to be: safe, snug and (if you listen close), just a little smug. This...
...After a fast start, sales of the South Korean-made Hyundai Excel have plunged. While Nissan has performed well in 1989 on the strength of higher-priced models like the Maxima, it suffered from poor sales between 1985 and 1988 because of weak marketing and a stodgy product line. Says Laurel Cutler, Chrysler's vice president of consumer affairs: "There's no market for products that everybody likes just a little. Anything that's boring is vulnerable. I would say that the midsize market is rife with vulnerability...