Word: trimmed
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...meeting, one minister acknowledged, was rife with the kind of "speeches and hyperbole" that may bog down a full OPEC session this week. Nonetheless, the delegates reached at least a loose consensus that OPEC should trim back its output to match demand rather than cut its prices. "We are willing to make some sacrifices on production," said one OPEC diplomat, "but a change in price will not help anyone...
...common male fantasy: ladylike in the living room, the woman turns unbelievably bawdy in bed. Advertised discreetly in the Yellow Pages as the "Finesse" escort service, Sheila Devin's Manhattan apartment was host to trim, elegant women, who for as much as $2,000 a night would allegedly indulge wealthy clients in their wildest dreams. What no one could have imagined when she was arrested last week was the true identity of the woman behind the scenes. A professional madam at night, Devin by day was Sydney Biddle Barrows, of the New Jersey Biddies, one of the country...
...intertwined are the operations in the U.S. and Canada that the 36,500 Canadian GM workers can disrupt production throughout the GM system in both countries. The Windsor trim plant, for instance, produces seat backs, seat cushions and sun visors for every domestic GM assembly plant. Since GM, like other automakers, has adopted new materials-handling techniques that keep inventories low, it could run out of vital parts in just a few days. Even worse, its dealers in both the U.S. and Canada could find themselves quickly short of new models, in part because new-car stocks are still depleted...
...proposes reducing the deficit by two-thirds over the next five years, mostly by curbing the growth of defense spending and raising taxes for families with annual incomes of more than $25,000. Reagan remains adamant against tax hikes, arguing that spending reductions and strong economic growth will trim the deficit. Says he: "We have a deficit problem because the Federal Government has spent too much and taxed too much far too long...
Advocating a flat-tax plan would let Reagan have it both ways. The President could claim he was standing by his pledge to lower taxes. He could also say he was using tax reform to trim the budget deficit. It would be a bold strategy and one that might be fiercely opposed by taxpayers and special-interest groups who benefit from loopholes. But nothing less than a master stroke can ensure that the U.S. economy will not be overwhelmed by the mushrooming federal debt...