Word: crunchingly
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Dates: during 1970-1979
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Even if the city manages to escape from the present short-term dollar crunch, in the long run New York City is obviously going to have to start cutting back. The question is how-and where. First of all, there has to be some kind of rollback of pensions. It is doubtless too late to do anything about pension contracts for people already retired or serving in the city government. But it is essential that pensions be renegotiated for new workers coming into the employ of the city. Rather than brutally lopping jobs, it would be more equitable...
...Horner both pointed to the problems of the economy, unemployment, dwindling natural resources and the energy crunch to illustrate their points...
...period are again pressing for hefty wage increases, threatening the competitiveness of Italian exports. Still the government, having restored Italy's international credit, now feels able to pour at least $26 billion in the next four years into the economy to revive investment that stagnated during the credit crunch. Last week the Bank of Italy cut the discount rate to private banks to 7%, from a high of 9% last December. Despite the ever-present threat of a government collapse that could add fuel to the Communist Party's bid for power, international financial experts now rate...
Essick did say that the money crunch has been felt on the swim team's road trips. They often have to put three athletes into a hotel room meant for two people and they are no longer able to stay overnight on most road trips...
...road that Harvard has been travelling during this crunch has been determined by the widespread interest in "athletics for all," both within the Athletic Department and within the student body. Many students at Harvard want to participate in sports and Watson wants to give them every opportunity...