Word: undercutting
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...going into such projects, Bliss pointed out, there will be no letup in the need for annual contributions to offset regular operating deficits. Those contributions now total $14.6 million and will almost certainly have to go higher in future seasons. Is there a danger that the endowment campaign will undercut the annual fund raising? Bliss said no, predicting instead that it would foster greater interest and confidence in the Met. "Over the years there have been times when we didn't think we could afford to open our doors or meet our payroll," he said. "This endowment will ensure...
Vance's partisans felt that Brzezinski had deliberately undercut the Secretary and inadvertently sabotaged SALT. Brzezinski concluded that the Kremlin saw Vance as weak and was toying with him. Although he knew that the Soviets disliked him personally, Brzezinski felt they would be more likely to come to terms with him than with Vance. The White House floated the idea of Brzezinski's undertaking a mission to thrash out SALT and the relationship with the Soviets. Vance drew the line and the idea died...
...second term even if Carter were reelected. That characteristically forthright declaration was a tactical blunder of major proportion. It instantly made him a lame duck, a man presumably looking forward to getting out, and therefore at a disadvantage with those who were trying to get around him or undercut...
Large lecture classes anaesthetize the student's aggressive instinct toward self-instruction and undercut the goals of college education. Rather than encouraging him to think and argue critically, Harvard relegates him to the role of spectator. Too often papers and tests provide his only chance to stand up for himself; but in courses where the student is not asked to participate during the term, he will more likely meet a final exam calling for systematic memorization and regurgitation than one challenging his judgement...
...problems facing the United States today--stagflation, unemployment, economic inequity, urban decay, and poverty--Harrington argues that the dominance of "corporate collectivism" has consistently subsumed human needs to business profit. American policymakers have manipulated statistics to support corporate needs, to underestimate the gravity of inequality in America and to undercut leftist solutions to American problems. Workers' wages and government spending for social programs became the scapegoat, Harrington asserts, although the real engine of inflation is corporate insistence on an untenable profit margin. By exaggerating capital shortage and attributing declining productivity to laziness and taxes instead of internal business fluctuations, business...