Word: budgeted
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Dates: during 1980-1989
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...their weakness, due to their misuse of it. The U.S. is overextended with questionable commitments in Panama, historical duties in Western Europe, and the burden of protecting the world's oil supply in the Middle East. As a result, defense spending accounts for a disproportionate share of the skyrocketing budget--$300 billion this year...
...amuse yourself with the film's budget, which some say was $63 million -- with about a quarter of that going to Sylvester Stallone. The producers insist that the excess was nowhere near so wretched, but Rambo III is still probably among the most expensive movies in history. So you naturally get to thinking that for such an investment the filmmakers ought to be able to come up with some scenery or spectacle more entrancing than sun and firelight glinting off Sly Stallone's ever rippling muscles...
Carrie might have had just such a reserve if it held to its original $5 million budget. The show was eventually capitalized at $7 million, primarily by British and West German investors who had scant Broadway experience. But runaway costs reached, by some accounts, about $8 million, attributable partly to the high-tech fashion in current musicals, partly to the complexity of multinational production, partly to old-fashioned indulgence. Says the Royal Shakespeare Company's artistic director Terry Hands, who staged the show: "It started to be loaded with lavish trappings, none of which I believe were necessary." Sources involved...
...directly offset the use of University endowment interest, even those who disagree with University endowment policy can in good conscience support the Senior Gift. This almost sounds reasonable, until you hold it up next to the following parallel argument: the South African government determines what part of its annual budget will be spent buying police weapons, housing political prisoners, and doing other unsavory deeds, without reference to those tax dollars collected specifically from American companies doing business in South Africa. Therefore, American companies who pay millions in taxes to the South African government in taxes each year need not think...
...fact is that Harvard, like the South African government and other multi-billion dollar entities, plans its budget at least in part by anticipating revenues from various sources. At Harvard, one (admittedly piddling) of those sources is the Senior Gift, and one (not so piddling) is the total alumni contribution each year. Warren himself tacitly recognizes the importance of this latter source when he says "a donation to the Class gift is an individual recognition of the necessity for annual giving and a pledge to further that cause." Warren can't have it both ways: either donations are unimportant...