Word: offset
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Dates: during 1970-1979
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...last week by an incorrect front page report in the New York Times that Jimmy Carter had decided against production of the neutron bomb. For months U.S. diplomats had been trying to win NATO nations' support for the bomb on the ground that its lethal radiation would offset the Soviet Union's 3-to-l superiority in tanks in Central Europe. Now Carter seemed to have changed his mind despite the recommendations of his chief advisers on defense and diplomacy. All week long U.S. officials kept denying the Times report, insisting that it was all a misunderstanding, that...
...such potential crises, according to Luttwak, the U.S. may find that it does not "dare to use its nuclear weapons to offset Soviet advantages in conventional forces." As Luttwak imagined the scene, "Moscow could then say to the West, 'Gentlemen, we are superior in ground forces, we can take most of West Germany in 48 hours. You cannot checkmate that by strategic nuclear forces, for you no longer have superiority. Now we want to collect.' " And what will they collect? Luttwak speculated that while they would not actually occupy Western Europe, they would demand that it "show...
Carter's proposed $25 billion cut in income taxes would offset next year's Social Security increase. But anxious Congressmen and Senators feel they cannot wait until the bill reaches the floor of the House, probably by June. Last week O'Neill urged the White House to take the initiative in rolling back the Social Security tax boost. Said he: "They had better move, because if they don't, Congress will." Afterward, Presidential Aide Stuart Eizenstat asked the Treasury Department to submit a list of alternative revenue sources to Carter this week. Said a Treasury official...
...OPEC scheduled an early April meeting to discuss raising the price of oil, which has remained frozen for months. Reason: to offset the decline in value of the dollars in which OPEC's 13 members are paid for their petroleum. Saudi Arabia, OPEC's linchpin, is still opposed to a price boost, but whether it can prevail is becoming less certain. Iraq and Kuwait are among the leading OPEC members who demand a rise in prices and perhaps even an end to the dollar's role as the sole currency in which world oil prices are quoted...
...past, the Kennedy School and the institute often selected well-known conservatives as visiting lecturers and fellows, presumably to offset the University's "liberal" reputation. But speculation continues over why Graham T. Allison '62, dean of the Kennedy School, selected Connally, rather than a more academically-oriented member of the right, such as Arthur Burns or Milton Friedman...