Word: spendthriftness
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Bush, and Reagan before him, assiduously avoided dealing with the deficit by blaming a spendthrift Congress. Even as they assailed tax-and-spend Democrats, they submitted budget after budget with huge deficits and contributed to the current economic malaise...
...even could, at long last, deny Clinton the White House. After getting nowhere with various other lines of attack, Bush has begun, though possibly too late, to score with a new charge: Clinton is a waffler who takes every side of every issue, a spendthrift liberal who will eventually tax the daylights out of the middle class because he cannot finance his ambitious * schemes any other way; altogether, a man who cannot be trusted in the White House. The attack is overstated, but Clinton has virtually invited it by putting forward plans whose numbers do not always...
...Like a spendthrift consumer with too many credit cards, R.H. Macy went on a wild shopping spree in the 1980s. But after bingeing on several ill-timed and richly priced acquisitions, including two department-store chains that cost $1.1 billion, the 134-year-old New York City retailer found itself deep in debt, mired in an industry-wide slump and unable to pay its bills. The day of reckoning arrived last week when Macy's was forced to file for bankruptcy after one of its major creditors rejected a proposed buyout by CBS chairman Lawrence Tisch...
...time spendthrift film is still Cleopatra, which cost $44 million in 1963, or $194 million in 1991 dollars. Even today, though, $100 million is not peanuts for a movie. (The first Terminator cost a chintzy $6.5 million.) The T2 price tag may have achieved its round figure only in the gossip that passes for hard news in Hollywood. "I wish I'd had $100 million," Cameron says with the wistfulness of a teenager who got a Porsche for Christmas, but without...
...worked for free, the movie would have cost more than $80 million, or about five times what the original Terminator brought its distributor. The early word is that the new picture is worth every penny, but movie execs dare to hope that T2 is the last of the spendthrift macho movies...