Word: raw
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Dates: during 1980-1980
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...weren't overstroking them during the race." Soghikian said. "But we have more raw power and just rowed harder...
Unpredictable jumps in raw material prices constantly sabotage his planning. His suppliers have slowed their deliveries, and customers have stretched out their payments. The bank charges him 24% on loans to maintain his inventories. Since oilmen buy his control consoles, the energy boom has put Ozuna in better shape than most entrepreneurs to endure the recession, but his profit margin has plunged from 12% of sales in 1978 to 4% during the past six months...
Long's indoor works are a strange contradiction in terms. The pieces are similar to those done outdoors--circles and lines in stone and wood. While the coarse raw materials seem out of place on smooth, polished gallery floors, the simple geometric forms work well in architectural frameworks. In Long's works, nature does not rebel against enclosure; rather, all is calm and ordered. Circles are centered in rooms, and lines of stones parallel the walls. The indoor works have none of the geographic specificity of the outdoor pieces; they can work in any number of interiors. In a rare...
Also in doubt is one of the basic tenets of American capitalism: faith in the future. Though capitalism has always been regarded as raw and risky, people accepted the system because it held out the promise that hard work and talent would lead to high rewards. Not everybody was created economically equal but, with the indefensible exception of some minorities, everybody had a full, free opportunity to prosper. Ever distant frontiers and ever brighter tomorrows created a nation of optimists, who believed that a rising tide lifts all boats. This was the U.S. social contract...
Japan must import 99.7% of its oil, as well as almost all the coal, iron ore and other raw materials needed to keep its production lines humming. To soften the blow of rising commodities prices, the triumvirate of banking, business and government has pursued a subtly effective policy of slowing the growth of resource-intensive industries such as steel and petrochemicals, and channeling more of the nation's capital into "knowledge-intensive" industries such as microelectronics and computers. That is one reason why, throughout most of the energy-dazed 1970s, Japan has held inflation relatively low and employment high...