Word: cushions
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...collecting rare first editions and traveling. He thought of himself as a private man of letters, a scholar-prince supported by stipends from his family. Unfortunately his father's money was not always enough. Parental disagreements and later Germany's ruinous inflation burst Benjamin's financial cushion and forced him to live by his pen. He put the problem of freelancing succinctly when he wrote, "There are places in which I can earn a minimum and places in which I can live on a minimum, but there is no place where I can do both...
Since 1974 many unions have been winning annual pay increases of 9%, 10% and sometimes more, to cushion members against inflation. Because the raises typically have been built into three-year contracts, employers have to pay the large annual increases even when the inflation rate goes down; since 1975, union wages have tended to go up faster than the inflation rate. Meanwhile, nonunion workers have begun to expect similar-sized raises, and companies pay them-often simply to keep skilled employees from quitting. Since productivity has not come near staying even with the growth of the paychecks-output per hour...
Cornell had a chance to pull off the victory as it entered the final period trailing 9-7, but tallies by Jim Bidne and Mike O'Neill gave Hopkins a four-goal cushion that allowed them to coast home to victory...
There are exceptions. Political Writer Richard Reeves earns more than $100,000 a year, Diplomatic Expert Tad Szulc makes about $80,000, and Sportswriter Bil Gilbert grosses more than $40,000. But the big moneymakers almost always have some kind of cushion. Reeves has, among other odd jobs, a regular Esquire column that guarantees him $50,000 a year; Szulc does books (twelve to date) as well as magazine work; Gilbert has a contract with SPORTS ILLUSTRATED that places a solid floor under his yearly income. Such props are essential. Says Literary Agent Scott Meredith: "There are no writers left...
Nobody who has to pay Harvard term bills was happy when Harvard recently announced a $500 increase in tuition, room and board costs for next year. However Harvard will cushion the annual blow by also increasing its financial aid awards so students on the bottom of the income scale will be able to cope with the increase. Those in upper income levels will probably just dip a little further into their bank accounts for fair Harvard without having to skimp much on spending elsewhere...