Word: pump
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Dates: during 1990-1999
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...something "drafted on the back of a menu . . . with the boys down at the yacht basin." But his own tax plan would cut inheritance and capital-gains taxes as well as income taxes for the wealthy. The legendary rationale for this kind of tax cut is that if you pump enough wealth uphill, sooner or later some of this money will trickle down to ordinary people in the form of decent-paying jobs. But this can't work when there are, as Buchanan himself says, "two economies" instead of one. Downsizing delights Wall Street, even when it means...
Right about now, several thousand undergraduates are experiencing the terrifying phenomenon known as writer's block. Having to pump out paper after paper during reading period inevitably leads to writer's block; there's just not that much to say after a while...
Skeptical that private charity, unassisted, can really replace government, even a rock-ribbed conservative like Senator Dan Coats of Indiana has offered legislation to try to pump up giving. He has proposed a $500 tax credit for donations to institutions that devote 70% of their work to helping the poor directly. Unhappily, the cost of that measure alone would be $120 billion during the next seven years...
...Washington Post and the Seattle-based firm Olympic Capital showed that most of Magellan's recent gains came in the last three trading days of each month. Magellan, by sheer size, often leads the market its way. If it is found to have touted certain stocks to buyers to pump up prices artificially, the sec may file charges. So far, no such evidence has surfaced, and Magellan's defenders say its moves are merely smart trading...
...Prime Minister Alain Juppe confronted a hard reality: to meet the budgetary requirements for joining Europe's single currency by 1999, France must drastically reduce its public deficit from 6% of its GDP, or $83.6 billion, to 3%. As a result, in a jolting reverse, Chirac has abandoned his pump-priming promises in favor of a two-year program of new taxes, limits on social spending, and a public-sector wage freeze...