Word: surplus
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Dates: during 2000-2009
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...more forceful management. Said Board Chairman John McKean: "The governors did lose confidence in Mr. Carlin. We think we can do better." Helped by increases in all postal rates, including a boost in first-class stamps from 20¢ to 22¢ last February, the service ran a $479 million surplus in the final quarter of 1985 and was carrying more mail than ever, 140 billion pieces to 73.8 million businesses and households last year. Carlin, though, was seen as cut from the old post-office mold and too protective of the organization's bureaucracy. The governors want to move faster toward...
Your analysis of the economic reform being introduced in China under Deng Xiaoping was excellent. It would have been even more interesting had you mentioned that the concept of making all land common property and paying rent to the state for its use under a "contract system," with surplus production going to the free market, is a direct application of the theory published by the American writer Henry George in Progress and Poverty, in 1879. The parallel is so close I wonder whether Deng has the book in his library. Douglas Denby, President John Cabot International College Rome...
Despite a declining dollar on world currency markets, which makes foreign products more expensive in the U.S., Western Europe's trade surplus is expected to rise from last year's $25 billion to $40 billion. If, as expected, the European export boom eventually cools down, the gap can easily be filled at home by rising consumer demand and increased industrial investments. Even the painful level of unemployment will probably decline slightly in the year ahead, partly as a result of an increase in small, new businesses. Nonetheless, some 10.5% of the labor force remains jobless, and this continues...
Nakasone is acutely conscious of his country's $52.6 billion international trade surplus. While visiting Reagan in Washington three weeks ago, the Prime Minister seemed to promise that Japan would stimulate its economy to boost imports. But at the same time, Japanese officials are trying to bolster the country's exports through intervention in the currency markets. Says Bank of Japan Governor Satoshi Sumita: "We strongly hope the market will stabilize." Despite those politely phrased misgivings, the official Japanese presummit position, from Foreign Ministry Spokesman Yoshio Hatano, is a bland assertion that "the economic conditions in the summit countries...
...argued that offense was "good" and defense was "bad." McNamara explained to a skeptical Kosygin that if both sides restricted their defenses, they could afford to limit their offenses; while each would need enough weapons to retaliate against an attack, neither would feel it needed a surplus to overwhelm enemy defenses. Thus the arms race could be regulated and mutual deterrence assured...