Word: deficits
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...failures if Phelps and his colleagues are right. Or, better said, the programs will only build jobs for a short period. The rise in employment because of federal intervention will disappear when the government can no longer afford to pay for the buttressing or the electorate turns against the deficit that the spending programs build. The Administration's plan, which has been so heatedly debated, to save 3 million to 3.5 million jobs, will only be an elaborate trestle with its base set on limestone...
Reiterating his goal of broad-based “reshaping” of FAS to make up a $220 million deficit over the next two years—but characteristically shying away from discussing specific initiatives—Smith said the six working groups must reevaluate Faculty “excellence” in light of the budgetary crunch...
Smith refused to admit that cuts were targeted at “low-pay workers,” insisting that savings from administrators pay cuts would be negligible relative to the gaping deficit...
Coming back from a first-half deficit, the Crimson battled to a decisive 8-5 victory over Dartmouth on the Big Green’s Scully-Fahey Field. With the win, Harvard improved its record to 8-5, 3-3 Ivy, while moving Dartmouth’s standing back...
...captain Max Motschwiller led offensively as he opened up scoring for the Crimson late in the first quarter. With Harvard suffering an early two-goal deficit, Motschwiller made his presence known at 1:36 with an unassisted score...