Word: offsets
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Dates: during 1970-1979
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...very aware that that feeling has to be offset. Some of the brightest students at Stanford and elsewhere are minorities," Hargadon said. "The bottom quarter of our class includes a very diverse group of people, and we don't even have a hockey team," he added...
...that should happen, the implications would be nearly disastrous. Productivity is the key both to raising living standards and to controlling inflation. If each worker produces more, then total output will grow rapidly and employers can raise wages without jacking up prices; the rise in output per employee will offset the higher costs. If productivity is flat, almost every dollar of wage gains is translated into price boosts. Over the decades, price rises have closely followed increases in employers' unit labor costs?that is, wage gains minus productivity...
...columnists who seems to be managing to escape the fixed-ideology trap is William Safire, even though he began with a political label glued to bis back. Safire is the New York Times columnist (now syndicated to 500 papers) who was hired to offset the Times's Liberal tilt in pundits. At the Times, his appointment was unpopular. Wasn't he the flack who in Moscow maneuvered the Nixon-Khrushchev "kitchen debate" so that it took place in the model kitchen he was plugging? Wasn't he the nasty White House speechwriter who coined "nattering nabobs...
Carter has sought to offset that alliance in several ways. First, he called in his most likely critics, including mayors, Governors and black leaders, for well-publicized talks at the White House. He expressed sympathy for their problems but made it clear that he faced a cash crunch. Then, tentative budget figures were leaked that suggested severe cutbacks in such fields as education, health, urban renewal, housing, mass transit and jobs for the hard-core unemployed. As expected, the drastic slashes set off cries of alarm...
...retired at 65. Thus companies' pension costs will not rise; they may even drop, since a worker who retires at 70 will draw a pension for fewer years. The cost of providing life and supplementary medical insurance for older workers may rise, but that will be offset by guidelines that the Department of Labor will issue within three months. They will declare that an employer will not have to pay any more to provide benefits for a worker above 65 than for one below that age; if the same employer contributions buy fewer fringes for the senior employees...