Word: diverted
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...many noninflationary years, the U.S. produced more goods and services more cheaply by building new plants and lavishing billions on research and development. But those glory decades have ended, at least temporarily. Government policies now work to discourage saving, retard investment and divert into immediate consumption the money that industry needs to spend on new factories, new equipment and new skills. Partly because of this, over the past ten years, annual productivity growth has slowed to about half the average 3% increase of the 1960s. This has been a major cause of slow economic expansion, the debilitated dollar and double...
...remarkable efforts of Curtis Sliwa and "the Magnificent 13" [May 7] who volunteer their time and energy to divert subway crime should be commended. I hope I never need them, but I would really like to meet them next time I ride the subways...
...vote on shareholder resolutions in the manner best calculated to overcome apartheid." Calling this course "the most ethically responsible," Bok referred to legal problems facing portfolio managers who buy and sell on political rather than financial grounds. Said he: "Total divestment would almost certainly cause the university to divert millions of dollars in pursuit of a strategy that is legally questionable, widely disputed on its merits, and very likely to prove ineffective in achieving its objectives...
There is little likelihood that Maui will be another South Sea Bubble. A brake on runaway development is the island's limited water supply, to which agriculture has first claim. Moreover, a real estate developer is compelled to divert equivalent acreage to cropland for every acre he takes out of production. Mayor Cravalho foresees a maximum future growth of 35% in hotel and condominium construction. Meanwhile, Maui has the lowest real property tax rate and bonded indebtedness in all of Hawaii. Its pricey real estate is bolstered in value by such intangibles as ambience and climate, but also...
...have to expect that the spot trade will increase by hook or crook, and I mean the words literally. When OPEC sees how much money is made on its oil by in-between traders, the producing countries will have no political choice but to increase their own prices and divert more oil to the spot market. That was clear from the moment the Iranian crisis broke. Our Government was made well aware of it, but nothing was done...