Word: offsets
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...increased costs minus any gains in productivity, the amount that a single worker can produce in one hour. Thus in order to raise prices a businessman must be prepared to prove that 1) he faces increased outlays for labor or materials and 2) these rises will not be offset by productivity improvements. Productivity is difficult to measure in many industries, particularly services (TIME, Nov. 15), and the commission has not yet announced how it should be calculated by businessmen seeking price rises. Economists agree, however, that productivity generally rises in a post-recessionary period like the present one, and thus...
...troopwithdrawal announcement next week -based on the assumption that the U.S. will continue to supply the Vietnamese with military hardware. Indeed, the argument goes, the whole Nixon Doctrine would be undercut by ending aid; the President's reduction of the U.S. physical presence overseas is designed to be offset by continuing-even temporarily increased-U.S. military and economic assistance...
...mile mark, only captain Mike Koerner was among the leaders. Cornell's Phil Ritson and Don Alexander were setting the pace, trying gamely to offset the awesome Penn depth. But by then, the race was already reduced to a team battle for second place. Five Quaker runners--freshman Dave Merrick, sophomore Denis Fikes, junior Bob Childs and seniors Julio Piazza and Karl Thornton--were clustered behind the Cornell men and Koerner, and following them was a group that included a comfortable number of Penn shirts...
Longstreth, on the other hand, is running hard to stay even; he begins his day greeting morning commuters and rarely retires before midnight. His only hope of victory is a massive black crossover vote to offset Rizzo's strength among white Republicans. Rizzo, however, should benefit from having nine blacks on his ticket, the most in Philadelphia history. They are candidates for lesser offices, nominated separately by the Democratic city committee. A Rizzo victory is almost assured...
...reformers offset Mrs. Harris' two most obvious advantages by enlisting black Brooklyn Congresswoman Shirley Chisholm to nominate Hughes. Labor countered with what Hughes decried as "savage tactics." Some state committeemen were warned that unless they voted for Mrs. Harris, they could forget about A.F.L.-C.I.O. money for next year's congressional campaigns. The most powerful persuader, though, was Old Pro O'Brien. Rumors floated about that O'Brien would resign if Mrs. Harris was not elected. He personally swung at least ten votes only hours before the election...