Word: sides
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Dates: during 1980-1980
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...that Reagan is putting together against a background of threatened economic and international crisis. Only one of the eight, Michigan Congressman David Stockman, stands out-for youth (he is 34) and for passionately held views. He is a self-described fanatic in his devotion to minimal Government and supply-side economics (which basically means stimulating the economy by cutting personal income taxes and prompting more business investment). As director of the Office of Management and Budget, he should put some ginger into Cabinet debates. In a memo to Reagan that became public just before his selection for OMB was announced...
Weinberger, a San Francisco-born, Harvard-trained lawyer, started out in public life as a Rockefeller Republican, serving in the California legislature and as Republican state chairman. Once Reagan tapped him to become California's director of finance in 1968, he displayed an other side of his nature: what he has called a "puritan" insistence on balanced budgets and less government spending...
Though a lifelong conservative, Smith is no ideologue. Says a colleague in Los Angeles: "He's not going over any cliffs with all flags flying. He wants to be a team player, and that tempers his conservatism." Still, Smith is likely to come down on the conservative side of several divisive issues now before the Justice Department. Conservatives hope that he will go slow on prosecution of sex and racial discrimination cases, emphasize street crime over white-collar offenses and relax some of the department's trust-busting zeal. But he tends to wield a scalpel rather than...
...York City, Home of the guaranteed loan. He makes a brief stop on Charlotte St. Delivers one "free enterprise zone." Then off to the schools of Kentucky, With a gift they lost decades ago--A teachable theory of creation, For Darwin was wrong, as we know. A side-trip to Detroit, just briefly--long enough to leave two gifts: A loosening of emission standards And for K-Car sales a lift. Then on to the national forests--The real environmental dangers--He sets all of the trees ablaze And laughs to the forest rangers. His resting place is Washington...
Even if the primary proposal of the new conservative consensus, tax cuts for the wealthy, signifies a genuine concern for national welfare instead of corporate greed, "supply-side economics" cannot succeed in revitalizing America. Their atavistic prescription of freemarket policies to bolster productivity exemplifies the failure of modern economic theory to adapt to the complex problems of either an increasingly interdependent global economy or a fragmented American society...