Word: offsets
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...spending. He has thrown down the challenge; it's very reasonable. If we don't like his proposals, it's up to us to propose alternatives." Said Manhattan Investment Banker Felix Rohatyn: "We should be warned that the pain of the cutbacks is likely to offset our pleasure from tax reductions. But we've got to give Reagan's program a chance, especially because we have no valid alternative...
...calling for cuts of 25% in police and fire services and layoffs of 1,600 workers. Yet some experts contend that city officials will have to slash at least $118 million from next year's budget and lay off up to 5,000 municipal employees in order to offset the effects of Proposition...
There were also what an economist friend of Goodman's calls "exogenous variables," unexpected occurrences that mess up neat computer models. During the '70s, for example, there was a big jump in the cost of grain after the Soviets had to buy in the U.S. to offset their own crop failure. Hamburgers went up too, when billions of fish that would have been ground up as cattle feed disappeared from the waters off Peru...
...registration fees have just about offset the cost of the guns and advertising, Burr said, adding that the three plan to use any profits to throw a party...
From there, the Crimson faced an uphill battle. Andy McNerney notched a major decision at 134 and Rick Kief and Mark Colley added three team points apiece at 126 and 190, but it wasn't enough to offset Lion pins...