Word: losing
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Dates: during 1980-1989
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...securities transactions, and you simply drive the securities business to London and Tokyo. Ultimately, you'd only enrich the British and Japanese. Raise corporate tax rates past a certain point (not to say anyone knows exactly where that point is), and what you gain in revenue now you'd lose later -- by draining from corporations the money they could spend to expand and grow, and by making America a less attractive place for anyone, Americans or foreigners, to invest...
...Republicans' chagrin, this year also marked the first time since 1960 that the party winning the presidential race lost ground in Congress. Because Bush's campaign was largely lacking in substantive issues, it did not help propel like-minded Republicans into office with him. The G.O.P. could lose two spots in the Senate, giving the Democrats a majority of 56, and a handful of seats in the House, giving the Democrats a majority...
While many of today's touring pros are the product of golf academies and genteel collegiate teams, Norman, like Ray Floyd and Lee Trevino before him, took a tougher road. "The gambling gave me a killer instinct," he asserts. With his minuscule salary, he could not afford to lose. In one match Norman was three holes behind with four holes left to play. Several hundred dollars in the red, he pressed (essentially doubling the stakes) on the 16th and then again on the 18th. Had he lost he would have had to cough up a nonexistent $1,200; instead...
...might be smashing their mashies and pulverizing their putters, Norman's confidence remains unshaken. "I expect to do most of my damage between 35 and 45," says he. Perhaps more important, the losses have shown that he can handle his setbacks with style, and though it kills him to lose, he asserts, "You do more good * for yourself by losing than by winning." Norman is also something of a throwback. Golf has become the province of colorless, interchangeable technicians content with the mid-six-figure incomes that come with respectable finishes. But Norman continues to take enormous gambles going...
...prosperous Gulf Coast region in the House since 1972. As a member of the Judiciary Committee, he defended Richard Nixon against impeachment charges. By 1980 his ability to keep friends while taking hard-line positions brought him election as Republican whip. Campaigning for Dowdy, Stennis argued that Mississippi would lose clout, especially in keeping its many defense jobs, with two Republicans in a Democrat-controlled Senate. Lott had an apt reply: "We don't need two Senators who are going to cancel out each other's vote...