Word: avoiding
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Dates: during 1980-1989
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Blueprint 2000 is no "cure-all" for the state's problems, said Murphy's policy director, Christopher Scott, "but we can offer recommendations to solve them--we want to avoid trade-offs between health care and education...
...avoid a recession...
Before the final bell, 90 large companies announce plans to buy back their own shares. Phelan has asked the big-fund managers to avoid automatic programmed purchases and, above all, sales. This feeds the surging optimism and causes the Dow's biggest single-day climb ever: up 186.84 points, to 2027.85. More than half of Monday's loss is recovered...
...that they could not sell. For those behemoths, with more than $20 billion in total capital, the bloodletting was serious but not fatal. For at least half a dozen small brokerages, however, the selling pressure was too much to withstand. Some agreed to be swallowed by larger firms to avoid bankruptcy court. Predicted Edward Altman, professor of finance at New York University: "There will be more blood on the Street before this is all over...
...paltry savings pool would help reduce U.S. dependence on foreign financing. One proposal for bringing that about: a progressive consumption tax. This kind of levy would work like a national sales tax, but be progressive in the sense that it would exempt necessities (food, housing, medicine, clothing) to avoid putting an undue burden on low-income citizens. Former Arizona Governor Bruce Babbitt, a Democratic presidential contender, contends that a 5% consumption tax could raise $40 billion to $60 billion a year...