Word: trimming
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Above all, a party must stand for something. We have taken our stand on principles. The last thing we need to do is trim them...
While Michigan resisted the reduction, other states with healthy surpluses are under pressure to trim taxes and restore program cuts. In New Jersey, where the 1985 surplus may wind up as high as $800 million, politicians from both parties have put toxic-waste cleanup at the top of a long list of demands. New York Governor Mario Cuomo, who reports a surplus of $207 million, is designing a broad tax-reform plan that will include income tax reductions. In California, Governor George Deukmejian plans to pump money into education, highway construction and environmental projects. Says William Hamm, an analyst...
...surprised in its sleep by a postmodern taste for ornament and the revival of moribund styles. Partly as a result, some artists are garnishing the edge again. Trompe l'oeil frames, tutti-frutti borders and jigsaw-cut silhouettes are multiplying in galleries that not long ago featured only trim metal runners...
...China's long-term prospects, but foresaw transitional difficulties. He predicted that China's growth rate would ease from 9.5% this year to 7.5% in 1985. The new flexible pricing system may cause inflation to rise from 1.5% to 5%. In addition, efforts by enterprises to trim their work forces and become more productive could raise unemployment. Though the official jobless rate is only 3%, Chen estimated that about 15% of the population is "underemployed" at part-time and make-work jobs...
...OPEC's biggest producer, took the brunt of the group's 1.5 million bbl.-per-day cutback. The Saudis agreed to reduce their output limit by 647,000 bbl. a day, to 4.4 million bbl. More important, Sheik Ahmed Zaki Yamani, the Saudi Oil Minister, promised to trim production even further, if necessary, to hold the line on prices. Other OPEC members, except Nigeria and Iraq, grudgingly accepted reductions of about 9% each. Two non-OPEC oil producers, Egypt and Mexico, whose petroleum ministers attended some of last week's sessions as observers, promised to help...