Word: blow
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Dates: during 1980-1989
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...Congress last week was a provision that will have a profound impact on U.S. business ties with South Africa. On Jan. 1, American firms will no longer be able to deduct taxes paid to the South African government from their U.S. tax bill. That will be a costly blow to the 163 U.S. companies, including Mobil and Union Carbide, that still operate in South Africa. Taxes will consume an estimated 72% of the money that U.S. firms earn in South Africa, vs. 57.5% before the new law. The rise is likely to speed the already swift exodus of corporate America...
...Vanities. Typically, Breslin is less concerned with the refinements of structure than with the shock effects of tabloid anecdote and an outraged moral tone. On the city's welfare system, for example: "The Poor are the most important people in New York, for their social welfare billions blow through the air for all the well-off to grab; where are the rich supposed to get their money from, the rich...
...temper, and that he flares up, and that he has a lot of pride, of course, and self-confidence." The Soviet leader has generally managed to keep his temper under control in public. Indeed, friends and opponents agree that he is almost invariably polite. But he does blow up now and then -- especially, as foreign TV viewers have discovered, when he is questioned sharply about the Soviet Union's human-rights record...
...retail sales slow down much more sharply than expected, that would overwhelm the benefits of increased exports and capital outlays. For that reason, the economists admitted that there is a significant chance of a recession in 1988 -- perhaps 20%. Some experts doubt the economy could withstand another body blow from Wall Street. Says Economist Gerald Holtham of Credit Suisse First Boston in London: "The only thing that could push the U.S. into a recession is another panic sell-off on the stock market that hits consumer confidence...
...this image was just a concoction of some concocted societal consciousness then the goal Harvard. I had worshipped through my four years at high school was false. A blow to my bloated sense of self-worth, perhaps, but a boon to my personality because it made me a skeptic...