Word: offsets
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Dates: during 1990-1999
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...instance, he blamed again the incipient presence of inflation. But Greenspan also sees a more global context for the pressure on rates. "If you get a significant increase for demand for capital in the world, real interest rates will tend to rise if the savings are not forthcoming to offset that," he told Congress in June...
...vacation destinations, the parks remain an absolute bargain, usually costing only $5 to $10 a vehicle. Half the national parks charge nothing at all. A park-service proposal to collect entry fees on a per-person basis, instead of per vehicle, would raise about $73 million to help offset the repeated budget cuts that have decimated the ranks of rangers and depleted maintenance programs...
...make the Federal Government the nation's health- insurance manager. According to the Congressional Budget Office, its cost- containment prospects are better than that of all other plans. It would also require substantial increses in taxes on both individualas and corporations, although proponents argue that these expenses will be offset by the savings people will realize by no longer having to pay premiums to insurance companies...
...strategy of pre-emption. "The old way never worked," he says. "It was always too little and too late." Nevertheless, last week's economic news confirmed that the expansion is in scant danger of overheating. Consumer prices rose just 0.1% in April as falling food and fuel expenses offset a jump in medical costs. At the same time, wholesale prices slipped 0.1% overall. "Here we are three years into the recovery and inflation is still declining," says Ross DeVol, an economist with the WEFA Group economic consulting firm. "That is unprecedented in the postwar period." Declares Ed Yardeni, chief economist...
...Christie's and Sotheby's, artworks that were estimated to reap between $160 million and $215 million instead brought in $101 million -- a stunning setback for the already shaky art market. Although works by a few artists sold at higher-than- expected prices, the surprises were not enough to offset the embarrassments...