Union Pacific is currently investing about $2 billion a year in new equipment to try to become a more efficient competitor.
In a sane world, no one would dream of building power sources whose cost is 22 times greater than that of vastly more efficient competitors.
The poisonous species were efficient competitors and gradually became overwhelmingly dominant.
Their task was to set targets based on the costs of their most efficient competitors, or "benchmarks."
But an agreement would also put many sluggish national telephone companies at risk of being trampled by more efficient foreign competitors.
At around the same time, the chemical industry began to stall as bigger and more efficient competitors overtook their Felling counterparts.
"I personally think that we will be the more efficient competitor," he said.
The notion is that elderly Americans would gradually move from costly plans to more efficient competitors, helping to control costs.
We can make it mean that the new world marketing order will find an efficient competitor in what used to be called the New World.
In addition, a falling dollar could result in higher inflation, trade wars and more efficient foreign competitors.