Word: curbs
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...conspiring to destroy America. We are attempting to do precisely the reverse: We are affirming the values which you have instilled in us and taught us to respect...You have given us our visions and then asked us to curb them...You have made us idealists and then told us to go slowly...[A]llow us to realize the very values which you have held forth...
Such invective now confronts the Reagan Administration, which came to power brandishing exceptionally strong economic convictions. The Reagan program consisted of four parts, which newsmen quickly dubbed Reaganomics. These consisted of supply-side tax cuts, reductions in federal spending, moves toward deregulation, and a monetarist tight-money policy to curb inflation. Reaganomics did cut inflation sharply, lowering the annual rate of increase in the Consumer Price Index from 12.4% in 1980 to a current level of less than...
...structure in Lincoln Center. He won his argument, and the company journeyed north in 1966. But following a feud with Rudolf Bing, the Met's impresario from 1950 to 1972, he was pushed aside as board president. When Bing's successor, Schuyler Chapin, failed to curb the escalating deficits, Bliss was brought in as a salaried executive to put the house in order...
Ultimately, of course, too much money can wind up being as damaging to an economy as too little. While the Fed walks the razor's edge between economic collapse and runaway inflation, it badly needs the support of both the Congress and the Administration to curb spending, chop the deficit and prevent the nation's current economic troubles, and the bond market's jitters, from turning into something far worse. -By Christopher Byron. Reported by David Beckwith/Washington and Frederick Ungeheuer/New York
...dominating the West by a rapid buildup in the military might of the U.S. In the White House, Weinberger is opposed by Chief of Staff James Baker and David Stockman, Director of the Office of Management and Budget, who feel that the defense buildup should be eased somewhat to curb the deficit. But Weinberger can carry the day singlehanded with the President by raising the specter of the Soviet threat. Says a top White House aide: "The President simply trusts Cap as a budgeteer more than he trusts Stockman as a budgeteer...