Word: cutback
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...members, they can demand higher wages and get them, but often only at the expense of forcing employers to shift more of the work to other countries or to machines. Even if the unions could force employers to pay higher wages out of profits, that would lead to a cutback in capital investment, postponing technological innovation and labor's share of its benefits...
...reason for the lowered projection is the cutback in federal as well as private programs, such as the National Merit Scholarship Corporation, the two officials said...
This means that two changes will have to occur before the merger is complete: an increase in the number of women which Radcliffe now admits, coupled with a cutback in male enrollment to level off the uneven ratio...
...shuttered. Unemployment has risen to an estimated 20%. The regime's vacillation has held up housing projects; much of the urban population still lives in tin shacks. The regime is even tampering with the industry that provides 99% of the nation's earnings. It has ordered a cutback of 700,000 bbl. of oil a day, one-fifth of production, on the grounds that Libya's reserves are endangered. At the same time it has prodded the more than 40 foreign oil companies for fees that could raise the cost by more than 20%. If the companies...
Washington hopes to rely on persuasion, but if that fails, the U.S. might theoretically resort to pressure. One means would be to threaten a cutback in military aid, including replacements for lost Israeli Phantom jets. Another would be to hold down on economic aid, though it is now running at only $55 million a year. A third, highly risky in a U.S. election year, would be a threat to tax the heavy contributions sent to Israel by the U.S. Jewish community (1969 estimate: $250 million). Such moves would drive a wedge between Israel and the U.S., its firmest ally...