Word: offsets
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Giscard's snub was more than offset by the warm reception Anderson received from the British. Prime Minister Margaret Thatcher and Anderson got along so well that she invited him to use the doorstep at 10 Downing Street for an impromptu press conference...
While selective tax cuts to stimulate growth and offset inflation would probably provide a needed dose of medicine to an ailing economy, Reagan's support of the Kemp-Roth plan, coupled with burgeoning defense spending, would severely irritate the inflationary spiral. And Reagan's preoccupation with "the growing menace from the East" in foreign affairs, together with his stated preference for superiority, shows a man burdened by a desire to return to the past, whose "new beginning" will have the same old ending...
...also attained a 7-to-l edge over NATO in intermediate-range missiles; new Soviet-made SS-20s are being deployed at the dizzying rate of one every five days. Last December NATO agreed to install 572 U.S.-made Pershing II and cruise missiles in Western Europe to offset the Soviet advantage. But the strategic parity between the superpowers-especially amid the tensions following the Soviet invasion of Afghanistan-leads many Europeans to fear the possibility of a limited conflict on their own soil...
...always readily available and not always first-class); cut-rate prices for food and other items at commissaries and a pension that provides half-pay after 20 years in uniform and three-fourths of base pay after 30 years. But with galloping inflation, these fringes no longer offset low wages. Then, too, most civilian jobs also have attractive fringe benefits...
...issue of changing the calendar comes down to a familiar one for the Faculty, pitting educational against financial interests. Olsen says a quarter of a million dollars in energy savings ought to offset the hassles of the change. "I never said there weren't going to be problems. I just said they could be worked out," he says. But Fox says he must see savings of more on the order of a half million dollars before considering educational concessions. "It would have to be a significant amount in savings for us to make an educational decision that many would deplore...