Word: prop
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Dates: during 1970-1979
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...Heard, referring to the schools that have gone down the drain in the past several years. In gravest danger are the small, unselective liberal arts schools: with tiny endowments and few Government research grants, they lean on tuition for 80% or more of their revenue. Unfortunately for them, that prop will soon begin to wobble. With the great postwar baby boom petering out, the number of 18-year-olds in the U.S. population is about to decline sharply. The crop should peak at 4.3 million this year, then drop annually, falling a total of 25% by 1992. Notes Harvard President...
...such a program would alienate Democratic voters. Nor did the Administration's moneymen fully appreciate the vicious circle in which inflation weakens the dollar and a drop in the dollar spurs more inflation. Treasury Under Secretary Anthony Solomon, with Blumenthal's support, argued against doing anything to prop the dollar until its rout had degenerated into a panic-by which time the greenback had sunk 18% against the German mark and 26% against both the yen and Swiss franc. Reports TIME Washington Economic Correspondent George Taber. "The U.S. this year paid a heavy price to learn something about...
Limited though the discussion may have been, the option of sending in U.S. troops has been considered in the Government-but not favorably. There are contingency planners on both sides of the Potomac River who would have dearly loved to design an American military intervention to prop up the Shah or seize the Iranian oilfields, but they lacked the pretext that they would be protecting Iran from outside interference. "Hell," says one military official, "we would have been the outside interference...
...derive satisfaction and security from personal relationships. Surely if one does not want to become president of I B M, it could as easily be because one is quite satisfied enough with one's self as one is without needing a grueling and competetive job as an ego-prop as because one just doesn't feel one has "what it takes," since "what it takes" can easily be viewed as emotional frigidity combined with power infatuation...
Joseph M. Schwartz, a second-year student at the Graduate School of Arts and Sciences and a member of DSOC, said last night that the group believes any loans to South Africa "help to prop up" the economy of that nation and strengthen the apartheid system...