Word: shrink
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...while private colleges are in danger of overpricing themselves, they have still not raised tuition fees enough to cover the impact of inflation. The University of Chicago, for example, first chopped its operating budget by 10% in 1970; today, despite rising tuition, Chicago continues to allow its faculty to shrink through attrition by 1% to 2% per year. Nearby Northwestern University lost $1 million last year, and expects a similar shortfall this year. Yale's 1978 deficit was $2 million. Dallas' Southern Methodist University is wrestling with a cumulative deficit of $6 million. "We're caught between...
BUDGET CUTTING. The expected deficit for fiscal 1979 has now been reduced from the original $60.6 billion to $38.9 billion, and in fiscal 1980 the President has pledged to shrink it to $30 billion or less. To do so while also increasing defense spending he will have to cut some civilian programs-public service jobs, antipollution grants, subsidized low-income housing-and give up or delay some new initiatives. National health insurance? Not until 1983. Welfare reform? Under current plans, no money for it. Members of the Board of Economists fear that even if Congress accepts all this shrinkage...
Doubtless they felt that by resetting the story in San Francisco, that great breeding ground of contemporary aberration, they might be able to do some salutary social criticism. Indeed, Leonard Nimoy is quite good as a piously trendy shrink who turns out to be the pods' secret leader. But, on the whole, the San Francisco setting is a mistake. It is barely believable that the alien invaders could take root in a small, isolated town, as they did in the original. It is ridiculous to think that they could take over a huge metropolitan area without arousing opposition from...
...consequence, as well as a continuing cause, of the sluggishness is the decline of three basic industries?steel, textiles and shipbuilding?that provide 4.3 million European jobs. Many companies in these ailing sectors have grown too unwieldy and inefficient to compete in a changing world. To survive, they must shrink, evolve and innovate. Says West German Economics Minister Count Otto Lambsdorff: "There is no reason for losing our heads, but the seriousness of the situation is not to be underrated...
...question of whether the universe will expand indefinitely or shrink into one compressed point is still unresolved, George B. Field, Paine Professor of Practical Astronomy, said last night to a capacity crowd in Science Center...