Word: draining
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Dates: during 1980-1989
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...effect, less may become more for farmers. Last December the Administration proposed a novel corrective: a self-imposed grain drain called payment in kind (PIK) that rewards farmers in Government-owned grain for idling large tracts of productive land. The program, hastily cobbled together to prop up the flagging farm economy, has prompted a response that was, said Agriculture Secretary John Block, "beyond my wildest expectations." Figures announced last week show that farmers will remove 82.3 million acres of wheat, corn, sorghum, cotton, barley, oats and rice land from production in 1983. This amounts to roughly one-third...
...Italian immigrants, is fighting for his corporation's life, and growing numbers of viewers seem to be buying his act. Says Abe Gurewitz, 54, a Brooklyn cab driver: "I saw him on TV and I like the guy. He's turning around a company that was down the drain. He has guts." Nor has lacocca's commercial charisma escaped notice by Wall Street's savviest auto analyst, Maryann Keller of Paine Webber Mitchell Hutchins. Says she: "I wouldn't doubt that people have bought Chrysler cars just because they wanted Lee lacocca to make...
...Energy Minister Nigel Lawson met separately with the ministers from Venezuela and the United Arab Emirates. All three were mum about the talks. Some oilmen in Britain, however, believe the U.K. might reach a tacit understanding with OPEC to avoid a price war. Further price cuts could, after all, drain revenues from the sagging British economy. But any agreement to limit production would go against Thatcher's staunch free-market philosophy, and would also violate contracts that give private companies, including British Petroleum and Royal Dutch/Shell, the right to pump North Sea crude...
...communicate a hopeful message, and so he goes to St. Louis to a plant that's going to hire 3,000 new people in order to get this message across. The White House gets upset because, clearly, when you call attention to motives, you sort on drain the effectiveness from the theater they're putting...
...high-tech firms now riding the crest of their industry's boom simultaneously drain gifted teachers away from their jobs, but these firms will find themselves in a most difficult position in the years ahead when less and less brain-power is available because nobody was there to develop it. Such actions as Congress' proposed bill and the Ed School's retraining program are welcome efforts in an otherwise bleak situation, but they represent only a beginning. Major strides in filling high school staffs with competent math and science teachers will only occur when these teaches receive higher salaries...