Word: recoup
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Dates: during 1960-1969
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...been able to negotiate contracts with an average increase of 5% or 6% in wages. The surtax may change this. Economists estimate that one effect will be to in crease unemployment from 3.5% of the labor force to about 4.5%; this is because companies faced with higher taxes will recoup by hiring fewer new workers. Downholds on employment, together with more stable prices, will give unions less of a base to bargain from. Another imponderable is the consumer: he is presently saving money at the high rate of 7% of disposable income. Economists speculate that, with the tax increase...
...three years, after leaving Cambridge University, he ran through what seems to have been a sizable inheritance. He decided to gamble himself back to affluence, did well for a while, and then grandly staked all his winnings on a two-horse race, having made up his mind to recoup his fortune in the U.S. if he lost. Later he wrote: "The dear, handsome little horse ran most gamely, but in the last hundred yards tired under the weight and just failed to get home. So America was under the lee, and I felt quite excited and bucked...
...will be more difficult to sell outside France and the U.K." Indeed the delta-winged plane is already encountering sales trouble: airlines have signed options to buy only 74 Concordes-and the figure has remained static for a year. Even with sales of 200 planes, the Concorde would recoup only one-third of its development cost...
...other shareholders will be offered a package of cash, long-term debentures and warrants for their stock. The terms were hardly made known when last week three irate Schenley stockholders brought suits to block the deal. Among their charges: that Riklis would merely raid Schenley's treasury to recoup the merger costs...
Trying to recoup, Ramparts is announcing its determination to shake off the yoke of advertising. From now on, it says, readers will have to assume cost of publication. Newsstand price will increase from 750 to $1, a year's subscription from...