Word: lopping
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...from a moral standpoint, the deal is clearly indefensible. Developed nations are using their inherent advantage of wealth to foist off a lop-sided deal on people who, through no fault of their own, have no better choice...
Education Secretary Baker and other Conservatives insist that GERBIL's tough provisions can in fact rejuvenate the system. The act's advocates believe tenure denial and early pensioning of redundant older faculty will lop off academic deadwood, thus freeing money to reward universities that focus on the government's priority fields. Specifically, by 1990 the Thatcher government wants 35% more science graduates and 25% more engineers than in 1980. These, say government officials, are the skills that Britain requires to compete in international markets...
...blur of borders and time zones have known they were in Italy after being showered with vast sums of lire in return for a traveler's check or two. But that heady experience may go the way of the Medici, thanks to a proposal by the Italian Cabinet to lop three zeros off the lira. Instead of doling out 1,250 or so lire for a dollar, bank clerks would slap down a single new lira and 25 centesimi, or cents. Advocates of the plan say the current huge denominations of lire turn such mundane calculations as balancing a checkbook...
...state-agency expenditures. Asked Ray Bauer, 21, president of the West Virginia University student body: "Are we supposed to put our lives on hold while these clowns figure out what to do?" Apparently not. After two days of public outrage, an abashed Moore revoked the closings, determined to lop no vital parts from his education year. Said he: "That dog won't hunt...
Harvard Professor Martin Feldstein, who served for two years as President Reagan's chief economic adviser, argued that it is point less to expect Japan and Germany to help cure U.S. trade woes. Even sharply increased growth in those two economies would probably lop no more than $15 billion off the American deficit. Said Feldstein: "In terms of the trade deficit, there's nothing...