Word: offsets
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Dates: during 1980-1989
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...suffers from 400% inflation, 18% unemployment and a foreign debt of $40 billion. Under these circumstances, the C.G.T. marshaled 95% of the work force to protest a government proposal to freeze prices and wages at 1,000 industrial companies. The union leaders also demanded a 15% wage hike to offset what they called impending "national disintegration...
Associate Director Robert A. Rotner said yesterday that the change in admissions policy, which will go into effect July 1, is the museum's best alternative to offset costs--including the skyrocketing expenses of personnel and heating...
Many proprietors said there would not be enough business on Sundays to justify staying open and that the extra expense of staffing their stores that day would offset any additional revenue...
...massive sacrifices in the quantity of arms to achieve what seems on the surface to be improvements in quality. "The fallacy of the past 40 years has been that technology will save us," says the Heritage Foundation's Kuhn. The trend toward relying on high-tech weapons to offset the numerical advantages enjoyed by the Soviet bloc accelerated during the tenure of Robert McNamara as Defense Secretary and has led to a bureaucratic infatuation with "gold plating" every new system. Spinney's seminal 1980 report concluded with the warning: "Our strategy of pursuing ever increasing technical complexity...
Defenders of the system obviously claim that the quantitative decline in weapons has been offset by the qualitative advances in performance. No doubt the new M-1 tank, at least on paper, is faster and more powerful than the M-60 tank now in use. But the same amount of money could buy three times as many of the reliable M-60s as the problem-plagued M1s, a ratio that might strike battle commanders as quite attractive. Sprey, the former Pentagon official, argues that this type of numerical gain could come by buying cheaper rather than superexpensive weapons...