Word: cuttingly
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Dates: during 1980-1989
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...will have to contend with up to $14 billion in new debt that was incurred in the takeover. But President N.J. Nicholas denied speculation that the combined company would be forced into a major selloff of assets to bring down the debt level. "We are under no pressure to cut, or sell, or do anything," Nicholas said. "We are going to grow our way out of this...
...remembers finding Washington a "hostile environment." The campaign operation was often a mud wrestle among contending egos. "I was the loyalty thermometer," he says. Frequently he cut through bureaucratic inertia to get necessary decisions made. And he was ever leery of leaks and resentful of the personal ties to reporters that Atwater and other heavyweights had. Yet it was Junior who went on the record with a Newsweek correspondent to deny salacious gossip about the candidate. It was a brash act that both got the adultery rumor into print and choked off its circulation. Occasionally Atwater used...
...Business and Economic Forecasting in Denver: "I'm leery of debt. If we could have a recession on the order of 1981 or '82, that could be a real problem." Consumer debt has increased from $1.7 trillion to $3.3 trillion since the expansion began in late 1982. If Americans cut back abruptly on their spending, the effects would ripple through the economy. Businesses would respond to the sales falloff by reducing their own spending and laying off workers, which would spark a further drop in consumer spending...
...dubs a "couch-potato recession." Her scenario: well-off baby boomers, who have already purchased their compact-disc players and microwave ovens and typically have children to provide for, will spend more time at home and do less shopping. According to Prudential-Bache's Yuppie Consumption Index, these consumers cut their spending 2.4% in the period from December through...
...rules of engagement are clear-cut on both sides: if there is a target, fire. Thus the battle is largely indirect, as howitzers and mortars lob shells -- mostly inaccurately -- over the ridges. Infantry assaults are rare, mainly because it is so hard for men to move, let alone charge, at such heights and over crevasse-riddled glaciers. At 18,000 ft. and higher, even a fully acclimatized soldier carrying rifle and combat pack can jog only a few yards without losing his breath. "The terrain does not allow much movement," says a Pakistani officer at an outpost on the Baltoro...