Word: setbacks
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...running into a technological Appalachia around here if we're not careful." The vote was another blow to the nation's beleaguered aerospace industry (see BUSINESS). Afterward Magnuson put a brave face on what had happened-"this isn't a defeat, it's only a setback"-and said that it was the question of national priorities that did him in. "A lot of people talked about mass transit, the need for housing," he grumbled. "Hell, I'm for that...
Laos was ARVN's first major test without American advisers and against seasoned North Vietnamese regulars. But was it a "milestone" for Vietnamization, as President Nixon described it, or a sharp setback...
...turned two others into storage space, sees little chance to grow rapidly. The cancellation of the SST, which company designers labored on for more than a decade, casts a new pall over its future. The loss of the SST was a painful psychological blow as well as an economic setback. For the first time since the advent of jet travel, Boeing was deprived of work on "the big new plane" that the rest of the world would soon be discussing. The cancellation also meant the partial breakup of the company's supersonic engineering and design teams, not to mention...
...weeks after they plunged confidently into the jungles of Laos, the best troops of South Viet Nam were engaged last week in a perilous and bloody battle to get out. Whether Operation Lam Son 719, as the Laotian invasion is officially called, could be judged a success or a setback was still a matter of considerable debate (see box next page). Beyond debate, however, was the fact that some units of the South Vietnamese army (ARVN) had been badly cut up in the fighting, and that North Viet Nam seemed ready and willing to sacrifice casualties by the thousands...
...market's steep and prolonged rise still leaves it vulnerable to a setback. A jarring bit of news could stampede investors into a rush of profit taking. Nonetheless, optimists see the climb continuing, and many are talking about cracking the long-anticipated 1,000 level...