Word: squeezees
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Necessary Fact. Economists, including many employed by industry, generally do not take as dim a view of the profits squeeze as do businessmen. To laments that it has even cut into dividends, the economists point out that, in fact, dividends have been rising at a faster rate in the past...
Since 1947, corporate profits after taxes have slipped from 7.84% of the gross national product to 4.47% last year. The profit squeeze has become particularly acute in the past four years, during which weak consumer demand and Government policy have kept retail prices relatively stable, thus halting the price inflation...
Though he is dead set against a general round of price increases as a solution to the profits squeeze (see above). President Kennedy readily concedes that U.S. businessmen must somehow find more capital to spend on modernization if they are to compete successfully in world markets. When the great steel...
Some businessmen, themselves caught in a cost-price squeeze, welcomed U.S. Steel's move as a justification for raising their own prices. Judson Sayre, head of Borg-Warner's Norge Division, said that "the appliance industry would be justified in increasing prices up to 5%." In similar vein...
With two giant parties in the U.S. controlled by machinery and powerfully financed, politics in this country has become pretty much a closed game; indeed, almost a family one. Independent politicians and minority parties have inspired much of American reform, often without ever enjoying election victory. Party apparatus must not...