Word: offsets
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...service employees and other striking workers average 15%, the country could expect double-digit inflation by summer, reaching 13% by year's end (current rate: 9%). The wage hikes could add $6 billion to the cost of public services in Britain, which the Labor government might have to offset by raising taxes and cutting government expenditures by $3 billion. If so, the number of unemployed in the country could rise from about 1.5 million to 2 million...
...most visible change Carnegie II recommends would be the enormous increase in funding. Public broadcasting now receives $540 million from all sources; the report wants to raise that to $1.16 billion a year by 1985, about half of which would come from Washington. To offset a new drain on the Treasury, the commission proposes that commercial broadcasters be charged between $150 million and $200 million for the right to use the public air waves. Local stations would be expected to drum up $1.50 for each $1 that they received from the Government...
...very aware that that feeling has to be offset. Some of the brightest students at Stanford and elsewhere are minorities," Hargadon said. "The bottom quarter of our class includes a very diverse group of people, and we don't even have a hockey team," he added...
...that should happen, the implications would be nearly disastrous. Productivity is the key both to raising living standards and to controlling inflation. If each worker produces more, then total output will grow rapidly and employers can raise wages without jacking up prices; the rise in output per employee will offset the higher costs. If productivity is flat, almost every dollar of wage gains is translated into price boosts. Over the decades, price rises have closely followed increases in employers' unit labor costs?that is, wage gains minus productivity...
...columnists who seems to be managing to escape the fixed-ideology trap is William Safire, even though he began with a political label glued to bis back. Safire is the New York Times columnist (now syndicated to 500 papers) who was hired to offset the Times's Liberal tilt in pundits. At the Times, his appointment was unpopular. Wasn't he the flack who in Moscow maneuvered the Nixon-Khrushchev "kitchen debate" so that it took place in the model kitchen he was plugging? Wasn't he the nasty White House speechwriter who coined "nattering nabobs...