Word: offsets
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Although the schedule at times looks like a closed-circuit transmission by the American Medical Association, relatively few new doctor shows are taking up residency this year. Among them, ABC's Temperatures Rising alone will offset any pathfinding that M* A* S* H may do. Last week's first episode was a clinical study in conditioned responses. The largest crop of newcomers is in the adventure category. Here the blood that gets spilled may be a little more ethnic; but on shows like NBC's Wednesday Mystery Movie and ABC's The Men, the cops, private...
Some McGovernites concede that investment may be reduced, but contend that the effect will be so small as to constitute a minor price to pay for greater tax equity. The impact, they say, will be largely offset by the Senator's proposal to change the top tax rate on all kinds of income to 48%; that will enable affluent people to keep more of their incomes, especially from rents, interest and dividends, and thus give them more cash to invest. Taxing capital gains at death will force into the marketplace much money now tied up in stocks and property...
...independent Federal Reserve Board is not expected to try to offset rising rates by pumping out more money, though President Nixon would like to see borrowing costs kept reasonably low until after the election. Despite some signs of monetary expansion in recent weeks, the board's members, concerned about the dangers of greater inflation, will probably continue to hold to a moderate policy of feeding out just enough money to meet the needs of the economy. The biggest beneficiaries are the commercial banks, which have been borrowing heavily from the Federal Reserve. They pay the Fed's discount...
...Common garage proves unfeasible when the $225,000 study is completed next month, Bowyer said Cambridge will be forced to buy prime land and build above ground. The money lost by purchasing the property, however, he said, would be largely offset by avoiding underground construction costs...
...astounded by this arbitrary action of the commission," said Henry Ford II. Though G.M.'s second-quarter profits climbed 28% over the same period last year and Ford's zoomed 43%, both automobile companies maintain that the price hikes would not further fatten profits but only offset cost increases forced on them by federal...