Word: offsets
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Dates: during 1980-1989
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Thurow's worries are challenged by Herbert Stein, a chairman of the Council of Economic Advisers under President Nixon. Defense expenditures, Stein argues, will be partly offset by Reagan's deep cuts in social spending. Income tax reductions will prompt enough saving and investment to spur productivity growth. In any case, Stein and like-minded economists point out, even in fiscal 1986, at the end of Reagan's planned military buildup, defense outlays will consume only about 7% of the gross national product?no more than in the late 1950s and early 1960s, when the U.S. enjoyed noninflationary prosperity...
Could not Heart of Darkness be offset by Heart of Lightness, in which Marlow narrates how the kindly Mr. Kurtz dedicated himself voluntarily to training the tribes along the Nile in personal hygiene? Might not The Call of the Wild be counterbalanced by The Call of the Tame, in which a big, clumsy, good-natured dog named Buck goes on a tour of Hollywood homes, including Lassie's? Who could be offended if An American Tragedy spun off a happy shadow called An American Comedy, in which Clyde Griffiths saves his girlfriend Roberta from drowning and receives...
...Last year we spent $500,000 on water and sewers in Cambridge." Joyce said, adding "this year we're looking at close to $700,000." Former city manager James L. Sullivan, who left his post earlier this month, raised the fees in an effort to offset property tax losses resulting from Proposition...
...orders Claudio's execution, is utterly despicable. Even when the Duke returns in disguise of a friar, and devises an elaborate plan to save Isabelle's honor, spare Claudio's head, and unmask the culprits--his plan is so strangely convoluted--a series of lesser sins to offset greater crimes--that it is barely within the letter, and certainly nowhere near the spirit of the law. The redress of injustice is less than joyful, and certainly less than uncompromised. That this entire ruse is unnecessary, fulfilling only the Duke's own desire for theatrics, gives the play even more...
Lower Standards. The Administration's draft does not propose changing primary air quality standards, which protect health. But it would eliminate "secondary" standards designed to protect American agriculture from environmental damage. The draft amendments would also eliminate the requirement that new industrial polluters offset emissions by reducing pollution from other sources. Automobile emission standards would be dropped to below the levels already attained by some cars currently on the road...