Word: offsets
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...warning signal for Carter was sounded at the Arizona caucuses on April 12. Kennedy took 55% of the vote, and probably will win 16 delegates to Carter's 13. While those numbers are small-and were partly offset by Carter's apparent win of eight delegates to Kennedy's five in Idaho's caucuses last week-White House strategists noted that Kennedy scored heavily among Arizona's Hispanics. Similarly, in Pennsylvania, Kennedy's crowds of working-class whites and blacks were larger and more enthusiastic than the audiences that showed up for Carter...
Increases in productivity are one way to offset the inflationary effects of wage increases. The slowing, and then cessation, of productivity growth recently has exacerbated the problem of core inflation that began with the long period of excess demand at the time of the Vietnam...
...forecasts assume that the real price of energy will rise by 4% annually. For that, U.S. imports must drop. Even so, projected oil bills will represent a rising burden. Since U.S. industry is unlikely to boost exports by a comparable sum, deficits will grow, and will have to be offset by capital movements...
...past trends continue, not only trade balances but the U.S. current account could move into substantial deficit in the 1980's. The prospective surpluses in agricultural trade and investment income could be more that offset, by the cost of oil imports and manufactured goods. An extrapolation of present U.S. and foreign growth paths implies a continued erosion of the U.S. manufactured goods trade balance. There are many factors which might influence the outcome in either direction; but if present trends continue, it will be essential to find a coordinated program to change both the levels and composition of production...
Mayor Edward Koch's aides estimated that firms lost about $100 million each day. The walkout cost the city about $3 million a day in lost sales taxes and other revenue, as well as overtime pay for police and firemen. Some of that loss, however, will be offset by the daily savings of $2 million from not operating the transit system and by the Taylor Law penalties...