Word: outstripped
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Having money means making more money is easier. If the rich pay the same rate as the poor, they are left with much more income in absolute terms. The poor simply cannot keep up as the rich outstrip them through investment schemes and tax advantages that the poor cannot possibly exploit. Rewards from a fast-moving economy fall solely to the wealthy. The classes move farther and farther apart, stretching our social conscience...
...intent to use the group as the all-purpose engine behind a Republican takeover of Congress. An article in the New Yorker, meanwhile, stated a GOPAC official said the group either contributed or funneled large chunks of money to 1994 congressional candidates. If the contributions were direct, they far outstrip what the group reported...
Making the backlog worse is a shortage of several key parts--from microchips to modems--Apple buys from outside vendors to put in its computers. The company has been turning to alternate suppliers and trying to allocate its inventory better, but "we still expect demand will outstrip supply until January," says Apple spokeswoman Betty Taylor...
TIME economics correspondent Suneel Ratan says the real APEC action may have been Clinton's buttering-up of China, the big engine fueling the Asian economic explosion and arguably APEC's most important partner. The Chinese are "going to be like Japan, but outstrip our Japanese problem by an order of magnitude," Ratan says. The APEC summit, he adds, lays groundwork for serious negotiations with China on what it really wants: entry into the General Agreement on Trade and Tariffs (GATT) sooner than 2020. Not discussed: China's human rights record, which Clinton separated from renewal of China's Most...
Even the automakers themselves are surprised -- and unprepared. As GM shutters eight plants, a feverish demand for light trucks threatens to outstrip the company's capacity to build them. Robert Rewey, vice president for Ford's sales operations, just raised his estimate of industry sales for the third time this year. "We're still trying to assess what's going on here," Rewey says. "While there is still a lot of uncertainty surrounding the economy, we don't think this is a fluke. We're happy to be back and selling autos...