Word: offset
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Dates: during 1970-1979
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...only genuine indulgence?running Women's Wear. He was full of ideas when he first returned to New York City from France: he wanted to print the paper in several cities to speed distribution; he wanted to switch from the company's muddy old flatbed presses to cleaner offset printing; he wanted to use more color illustration. The family blocked the way. "They kept treating me like a snotty little brat who was running around with wild ideas that were going to ruin the business," he says. But after his father's retirement, John took over the company presidency...
...adopted by other companies. The strike revolved in part around a cost-of-living allowance that raised workers' wages along with the Government's price index. The union agreed to an 8?-an-hour annual ceiling on the amount by which workers' pay might increase to offset inflation. Any difference between that amount and what the workers could get if there were no ceiling, the agreement read, "shall be available" at the beginning of a new contract in 1970. To the union, that difference-now amounting to 26? per hour for the average worker-is simply accumulated...
...because of competition elsewhere, Uruguay began piling up a trade deficit that reached $12.6 million in 1967, a huge amount by Uruguayan standards. The country's swollen bureaucracy, which employs 21% of the nation's 1,000,000-man work force, became an intolerable burden. To offset the high cost of the welfare state, Uruguay began printing more pesos. In the decade from 1959 to 1969, Uruguay's inflation soared 500%, a runaway rate exceeded only by Sukarno's Indonesia...
Though Rogers tried to offset the impression created by these announcements by emphasizing that the U.S. was determined to remain a Pacific power, many Asian governments were uneasy. Philippine, Australian and New Zealand officials expressed concern to Rogers over possible U.S. withdrawals from Asia. South Korea and even Japan did not. try to conceal their fears that "readjustments" in the U.S. military presence might turn into a dangerous thinning out of U.S. forces...
...freeze in the number of offensive strategic weapons. The Russians' slight edge in the number of land-based ICBMs (1,240 to 1,054) would be offset by the U.S.'s superiority in strategic bombers (533 to 150). Submarine-borne missiles may be excluded from the proposal unless a method can be found to reconcile the difference between the U.S.'s 41-ship fleet carrying 656 missiles and the Soviets' 40-sub flotilla with 280 missiles...