Word: cushion
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...continuation of that inflation psychology helps explain why the U.S. savings rate has not increased much during this recession. In most past economic slides, Americans, fearful for their jobs, usually started putting away more money in order to create a financial cushion. During the 1973-75 downturn, for example, the savings rate rose to more than 8.5%. But Americans saved only 5.5% of their earnings during the first quarter of 1982, and the level increased to just 6.3% in April...
...Rocky," he says now. "I wore white suits with flowers on the side. Rocky isn't very bright, so I went on talk shows to expound on things I knew nothing about. Rocky's decent, so I indulged in dime-store humor. I was a walking whoopee cushion...
...even with the cushion of the Campaign, the Faculty's zealous salary-raising took its toll in tuition costs, which soared this spring, bringing the total cost of spending the '82-'83 academic year at Harvard to $12,100. "You just have to balance one against the other," shrugs Gerrity...
...NOTEBOOK: Despite the 20-odd run cushion. Musselman threw four strong innings, working his way out of jams in the seventh and eight...Martelli took a day off from catching and moved to right field in place of Donnie Allard, who is recovering from a pulled muscle. With Lennon and Maspons splitting the duty behind the plate, everyone on the Crimson roster has now played up north. Incidentally, Lennon also banged out a fourth-inning triple before homering (calling the shot before hand) in the sixth HARVARD (28) ab r h bi Schaper if 2 3 1 0 Schindler...
...people far more buoyant and bullish than would seem possible in the midst of a deepening recession. In Pittsburgh Kahn found unemployment, to be sure, but also a labor force with half again as many white-collar workers as blue, an economic fact of life that has helped to cushion the deepening industry-wide slump in steel orders. In Houston (". . . the only place on earth where I have heard 'trillion' used in casual conversation ...") he learned that there are more branches of foreign banks than in any other U.S. city except New York. In Fresno, Calif., he found...