Word: crunchings
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Caleb finds only disillusionment. Instead of encountering awe-inspiring captains of industry who have mastered the Protestant ethic of self-denial, he rubs shoulders with a bunch of cold, grubbing workaholics whose youthful grabs at promotions only mature into grabs for profit shares. Caleb's officemates crunch endless numbers, eye each other suspiciously and find their only communal identity worshipping the institution of the firm, and the sacred text of the annual report...
...deficit would not necessarily raise interest rates. "The interest rates coming down at the same time that the deficit was going up indicates there isn't that tie," he argued. David Smith, vice president of the National Association of Home Builders, grimly informed Reagan that a crunch was inevitable. Said he: "Deficits keep interest rates high. Deficits are inflationary. Mr. President, time is running out." Reagan hardly reassured his audience when he noted that ending tax deductions for home mortgage payments might be one way to simplify the tax code, a highly impolitic suggestion that left the builders sputtering...
...Treasury Secretary Donald Regan, a 34-member delegation journeyed to Peking in hopes of boosting commerce with the world's most populous country. Said William Clarke, the Peking-based representative of the privately run National Council for U.S.-China Trade: "The mood is good. This should be the crunch year in China trade...
Enrollment at the Divinity School has shot up about 40 percent since 1979, helping ease the budget crunch by bringing in more tuition money. But Rupp and other officials say they are sensitive to the fact that the 168-year-old school--the oldest grad school at Harvard--must hustle to keep enrollment rising...
...Chairman Volcker and several other board members have signaled their determination not to give up the progress that has been made against rising prices. Says one governor: "The Fed is going to stick it out." But another governor thinks that the board would have to back down in a crunch. Says he: "If a crisis develops that would cause a serious downturn in the economy, we should do what is necessary to remedy this. But you have to realize that the cost of such action can be renewed inflation." A jump in food costs brought on by bad weather caused...