Word: surplus
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...announcement routinely arrives that we're nearly out of debt, that the budget is precariously balanced or, as President Clinton currently trumpets, we're in "surplus," one wonders just what the nation's buying into...
...year. Some reasons for that strength: rising productivity, which is at last increasing workers' real wages without pushing up prices, and government policies that Sinai pronounces "eerily" wise. Most important, of course, is the swing from gargantuan budget deficits in the 1980s and early '90s to an expected small surplus this fiscal year, with more to come. Kaufman notes a continuing boom in business investments and a new surge in housing--both "very unusual" for an expansion going into its eighth year. One reason: builders of factories and houses can borrow more easily, because the government no longer is gobbling...
...this virtuous circle keep spinning? Yes, says Robert Reischauer, a Brookings Institution senior fellow, in line with the Congressional Budget Office he once headed. The CBO forecasts a small surplus of around $8 billion this fiscal year, which ends Sept. 30, rising to perhaps $140 billion in fiscal 2008. Reischauer cautions, however, that the projections assume that the White House and Congress can clamp a tight lid on nonmilitary spending. In recent years, continued rises in civilian outlays have been offset by plummeting defense expenditures, but that drop has left little more...
Born of their incompetence in laundry skills, a lack of time, a surplus of funds or some combination thereof, there are certain people who have their laundry done every week by HSA Cleaners. They bear in silence the knowledge that their Harvard classmates must occasionally load quarters into a washer and dryer, while all they do is walk to their accustomed depot on Monday, Wednesday or Friday, drop off or pick up their laundry and then waltz away. They don't worry about fabric softener, bleach, detergent or the gentle cycle. Permanent press sounds like a never-ending basketball game...
...store did not meet a demand for a good (radical dogma), it would not make a profit and would be forced to shut down. If Revolution Books tried to expand to every corner in Cambridge, there would be a surplus of radical dogma and the stores would close until the optimal level of shops existed (presumably...