Word: offsetting
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While welcome, we hope that Friday’s pub night does not signal the end of serious efforts to make Loker more usable and student-friendly. Eventually, we hope to see the permanent establishment of a student-run pub in Loker. Such a pub would help to offset the serious void created by the continuing lack of a student center, and would go far towards making Harvard’s undergraduate experience more enjoyable and cohesive...
...Pedro’s heartfelt, quasi-religious songs poignantly offset the delicate tones of the headliner. Lead singer, guitarist, and songwriter David Bazan—the indie-rock manifestation of the Protestant work ethic—mixed his earnest singer-songwriter-esque songs with good-humored crowd banter. Pedro’s fans seemed much more devout than Low’s, as Bazan responded to their loud song requests with wry comments and polite refusals. Perhaps a bit more overtly religious than Low’s, Bazan’s lyrics seemed to take a backseat to the instrumental...
...company's 64,000-person work force by 2006. Still, Wall Street analysts doubted that Kodak, with its legacy culture and reputedly ossified management, could match the pace set by its lean digital competitors. How could it generate sufficient profit from digital sales and cut costs fast enough to offset the precipitous decline of its primary source of profit...
...lucrative digital products and services. The company, based in Rochester, N.Y., lost $12 million in the last quarter of 2004, but that was largely because of restructuring costs. Meanwhile, its revenues actually climbed 3%, to $3.8 billion, in that period--the 16% decline in Kodak's traditional film business offset by a 40% surge from its digital sales and services. Yet there remain ample reasons for doubt. For one thing, Carp has promised a pretty picture: $16 billion in revenues by 2006, up from $13.5 billion last year, with more than half of that coming from its digital endeavors...
Additional "transition costs"-amounting to trillions of dollars-would be incurred in the early decades. The Bush Administration argues that those costs would eventually be offset by savings in future decades, when people who invest in personal accounts begin to retire and get smaller Social Security payouts than they otherwise would receive. In the meantime, huge new borrowing would be needed to cover the gap left over by the transition. Paying back that debt would fall to the same future generations that Bush says he's trying to protect by revamping Social Security...