Word: surpluses
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Thanks to a surplus of planes, starting an airline has been relatively affordable in the past couple of years. A Boeing 737 can be leased for about $15,000 a month. Put together a couple of planes and a pinch-penny operating plan, and you've got your wings...
...easy. Not when even a healthy economy produces a surplus of losers among factory workers and middle managers alike. Investment is rising, and every week the stock market strains its own altimeter. Yet since 1991 some 2.5 million workers have lost jobs in corporate restructurings. Most have found new ones, but with thinner paychecks. Last week the Labor Department reported that wages and benefits in 1995 rose just 2.8%, the slowest pace in at least 15 years and scarcely enough to keep pace with inflation. One big reason: layoffs and other cost-cutting moves kept workers in line and their...
...engineers or scientists in this country. However, I have seen corporate-financed propaganda campaigns with dire predictions of America's coming shortage of high-tech workers and of the need for some drastic government action to increase the supply. The unspoken aim is to create enough of a surplus so that American engineers and scientists will be forced to settle for modest salaries and benefits. DONALD A. RYAN Salinas, California
However, it is this same impassioned acting which ultimately leads to the musical's prominent flaw. The surplus of melodramatic overacting gets tiresome. Every character who appears on the stage for more than three minutes is immediately assigned a scene in which he can showcase his abundant lung capacity in a fit of uncontrollable anger, or a shuddering, tearful breakdown. And each emotional tidal wave produces a sage, if somewhat cliched, statement of advice that could be applied to Jacob Zulu, South Africa and the world...
...toughed it out and was rewarded. From 1993 to 1995, Engler's budget slashing--along with a providentially strong recovery by Michigan's auto industry--enabled him to cut taxes 21 ways and increase them only once. In place of the huge deficit, there was a $300 million surplus. Engler forged on with an intensive welfare-to-work program that he claims has found jobs for 30% of the recipients. Critics have called that number incomplete and misleading. But Engler's boast of having saved $100 million on welfare reform became his national calling card. As the state's economy...