Word: propping
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...goodfellow game, planted his sons along the broad winning highway, locked himself-and then lost himself-inside the American dream. His nerve going, his job gone, his boys slashing their way out of his dream, the truth clawing down one after another of his defenses, Willy Loman has no prop left except a loyal and loving wife. It is not enough. He can only kill himself...
...same time, some Israeli military commanders have recently expressed concern that if the U.S. is now hopelessly involved in the Lebanese morass, Israel is to a large extent at fault. As a result, the Israelis may be prepared to help the U.S. in its efforts to help prop up the Gemayel government. Last week the Israeli government warned Lebanese Druze leaders that it would not stand idly by if the Druze or their comrades were to attack Deir al Qamar, the Chouf village where thousands of Christians have taken refuge...
Many businessmen and economists, however, are skeptical. They fear that a Government development bank might become a bottomless Santa's bag that would provide goodies for those with political clout. Federal aid might prop up inefficient companies and prevent the shift of resources to more dynamic firms. Instead of strengthening the economy, opponents charge, industrial policy would preserve the status quo. Says Harvard Economist Lawrence Summers: "Industrial policy is chiropractic economics. At best, it would be ineffectual. At worst, it would be a wrenching experience...
...result of the revaluation, all property in Cambridge will be taxed at 100 percent of its value, as opposed to the 17 or 22 percent assessment figures used last year. But the rise in percentage assessment will not result in a rise in taxes, because of the Prop 212 cuts...
...joint intervention was the largest since 1979, when the Carter Administration launched a $30 billion effort to prop up what was then a sinking dollar. The Reagan White House, by contrast, has preferred a hands-off policy toward the currency's price. After the attempted presidential assassination in 1981, it stepped in to calm foreign-exchange markets, and it did so again last October, largely to ease jitters over a possible Brazilian default. But each time Washington pumped in no more than $100 million...