Word: sky-high
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...some 80% of its corn crop and more than 60% of its soybeans are in poor-to-very-poor condition. In Chicago the news that scattered showers were sprinkling the blistered Plains and Midwest created a near panic in the commodity pits as traders rushed to retreat from the sky-high futures prices they had been paying during the bone-dry days of late June...
Indeed, say most proponents of legalization, the antinarcotics laws create an evil worse than the drugs themselves: violent crime. Laws to stop the supply do not prevent anyone who really wants cocaine or heroin from getting ( it. But they do permit the sellers to charge sky-high prices as a kind of risk premium. The high prices, in turn, produce enormous profits that irresistibly lure vicious gangs, who are taking over large areas of cities. The gangs employ armies of pushers who spread the very plague the drug laws are supposed to combat. Says Milton Friedman, guru of free-market...
...sure they're going to be sky-high to play us," Cleary said. "They're a vastly improved team...
...supply-side tax cuts, designed to stimulate the output of goods by giving workers and businesses greater rewards, failed to produce an offsetting revenue bonanza. While sky-high interest rates and the 1981-'82 recession might be partly to blame, supply-side critics say the idea was faulty from the start. In any case, the budget deficit exploded as Government receipts shrank. The flow of red ink nearly tripled in two years, hitting $207.8 billion in fiscal 1983. It would have been even higher if Congress had not adopted a $98 billion tax increase in 1982, which Reagan grudgingly signed...
Inflation, officially pegged at 20%, has risen sharply in the past 18 months. Wealthy shoppers in north Tehran can still find almost anything they want, including imported luxury goods, but at sky-high prices. Because the salaries of lower-paid workers have increased little if at all since the revolution, many have taken additional, part-time jobs. To help them cope with inflation, the government has issued special ration books permitting them to buy food staples for roughly a tenth of the price the same items would cost on the open market...