Word: multiyear
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Great salesman that he is, Clinton can be viewed as a victim of his own success. His insistence on deficit reduction -- and his cajoling of Congress to support a multiyear plan to accomplish it -- is the very definition of courage in modern American politics. "He has stirred into life a debate from which the republic could have greatly benefited had it taken place a decade earlier," says the historian Arthur Schlesinger. "He has broken the taboo that has long banned the tax question from public discussion." Should he then be blamed when Republicans follow his lead and scuttle a pork...
...come out of this recession in the short run and, secondly, will fundamentally change the patterns of spending not only of government money but, to whatever extent we can influence it, private expenditures toward more investment over the long run. And thirdly, we will offer a multiyear deficit- reduction plan. I might even go, in terms of the framework, beyond four years in what I recommend. Because if you look at the numbers we're looking at now, two things have basically changed dramatically since we got the numbers on which we put out Putting People First ((the Clinton-Gore...
Given the logistical and manpower problems the gulf war highlighted, the Pentagon might be expected to argue for a bigger military establishment in the future. The opposite is true. In testimony before two congressional committees last week, Pentagon bosses Dick Cheney and Colin Powell defended their new multiyear budget, proposed earlier this month, which calls for a 25% cut in military personnel by 1995, a 4% reduction in spending and even the elimination of many of the weapons that have proved to be so dramatically effective in the gulf...
...Golden State turns brown, residents wonder how long the drought will last. No one can tell them. Some meteorologists ask whether the state is undergoing a permanent climatic change, but most point out that multiyear droughts have occurred often over the centuries. The 1928-34 drought lasted even longer than this one. Astrologers, not always disdained in California, say that with Saturn moving toward Aquarius, the skies will begin to open. Drenching rains lashed Northern California last week but probably sank straight into cracked ground rather than running into rivers and lakes. Relief almost certainly will not come soon. Even...
...solution is to eliminate lifetime tenure and replace it with renewable multiyear contracts, with the duration of the contracts increasing every time they are renewed. A professor would be initially hired for, say, five years, then renewed for eight, then renewed again for 10. This plan combines the best aspects of the tenure system with a reasonable measure of accountability...