Word: tab
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Dates: during 1980-1989
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Public transportation is in hot demand again, but today no one wants to pick up the tab. A decade ago, to lure people back to mass transit, city and state officials made the mistake of holding fares to unrealistically low levels. From 1970 to 1975, while inflation was rising nearly 40%, fares were not increased at all in many cities; in some, they actually decreased. Mass transit was the closest thing to a free ride...
...there: "Lavish entertainments with women-that is very effective." In the booming industrial megalopolis of Sao Paulo, a favorite spot to nurse along a deal is La Licorne, a discreetly mirrored nightclub with a striptease show, where call girls cost $120 a night, and foreign businessmen pick up the tab...
...part of the commercial creditors, who have little choice but to defer payment on the Polish notes now falling due. Poland has no substantial assets in the West that could be seized in the case of a default. Nor could the Soviets be counted on to pick up the tab. As one Parisian financier put it: "There are conditions under which the amounts involved become so considerable that the debtor actually holds the creditor in check...
While the First Lady furtively planned a dinner dance -standard Reagan black tie, 100 guests, a tab running well into five figures-a few enterprising White House staffers devised a surprise of their own for the President's 70th birthday. They sprang it in the Oval Office, just as Reagan was about to receive a bipartisan group of Congressmen. House Speaker Tip O'Neill, Senator Paul Laxalt and Representatives Jim Wright and Robert Michel suddenly found themselves making their entrance with Nancy Reagan and a giant cake standing 8 ft. tall on its platform. "I'd like...
Organizers hope that half the tab for the Inauguration will be covered by ticket receipts for the balls and receptions. But the $4.2 million overhead, including salaries for 400 of the 3,400 Inaugural committee staffers, will be raised from the largest offering of souvenirs ever. A 14-page brochure of commemoratives, mailed to millions of Americans, lists copies of a Frederick Remington bronze at $1,875 per, a porcelain "Nancy Reagan rose" for $650, a set of highball glasses for $35, even pieces of wood from the reviewing stand encased in Lucite for $28. Inaugural auto license plates, valid...