Word: reckoning
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Dates: during 1970-1979
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...next spring. That chore, wryly says one Alyeska technician, promises to be "another wildly interesting experiment in arctic engineering." It could add to the project's cost, which has already soared from an early estimate of $900 million in the late 1960s to $7.7 billion today. Some officials reckon that the hassle over the welds will help push the final bill to $8.4 billion...
...undebatable advantage Ford brings with him into the Philadelphia theater is the presidency and its aura. Carter may have been acting like a President since June-receiving important visitors in Plains while Ford desperately charged around the country hustling delegates-but this week Carter must reckon with the fact that he is just a challenger. "What bothers me," says Charles Kirbo, Carter's closest counselor, "is that the more heavily Jimmy scores, the more people might feel he's ridiculing the office. People don't like to see their President put down." Actually, that worried Carter less...
Even a short strike would take its toll. Some industry analysts reckon that Ford could lose up to $250 million a week in revenues; lost wages add up to an estimated $50 million a week; and suppliers who sell Ford everything from tires to sandwiches also suffer. An extended strike would be particularly painful for Ford. The dealers have on hand some 300,000 of the 1976 and 1977 cars, but many of the year-old ones are models that had been selling poorly. Once the best pickings are depleted, Ford is sure to lose its market share...
...what some observers view as a sign of progress, Moscow for the first time revealed the pact's force levels in Central Europe: 965,000, v. 977,000 for NATO. This means that parity already exists. NATO experts, however, question the Soviet figures and reckon that the pact really stations some 1,125,000 troops in that region. Until both sides agree on how large the pact's forces are, there may be little progress with MBFR...
...national scene, he claims credit for having pushed Ford into some positions more conservative than the President wanted to take. For better or worse, Reagan has struck a responsive chord in Republican thinking that may not win him the nomination, but that will still be a force to reckon with if he loses...