Word: straussed
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...Appointed Robert Strauss, the witty and smooth-talking Texan who has become the Administration's trade negotiator and chief troubleshooter, as the President's special counsellor on inflation. That presaged a step-up in efforts to jawbone against excessive wage-price boosts, with Strauss as the premier jawboner...
...changes in mind. For months Blumenthal, the Administration's bridge to the business community and chief inflation fighter had advocated a tougher program to hold down prices and wages. So he had been shocked only one week earlier when Carter had told him he wanted to appoint Robert Strauss-no friend of Blumenthal's-to head the drive. With heavy urging, the Secretary had talked Carter out of the move. He told the President that the Strauss appointment would undermine his own authority and surely weaken the Administration program. Carter went along...
...however, the President had gone back to the plan Blumenthal hated. He had decided, Carter told his Treasury Secretary, that Strauss was the right man to bend business and labor. Blumenthal was stunned and furious. He spent the next hour or so at the White House in a state of frenzy, flipping between the offices of Vice President Walter Mondale and Presidential Aide Stuart Eizenstat, who was still writing the President's speech. Said one White House aide who watched Blumenthal: "He was climbing the walls." Blumenthal was trying desperately to alter the decision and then, realizing...
...Robert Strauss, U.S. Special Representative for Trade Negotiations: "Everybody in government is like a bunch of ants on a log floating down a river. Each one thinks he is guiding the log, but it is really just going with the flow...
More important, COWPS Chairman Barry Bosworth and Trade Negotiator Robert Strauss got on the phone to heads of other steel companies, urging them not to follow the U.S. Steel increase. Strauss, who is becoming increasingly influential in the Administration, made the key call to National Steel Chairman George Stinson. National then posted a price rise of only $5.50 a ton, which COWPS pronounced "acceptable." The smaller increase was quickly matched by several other companies, including Bethlehem Steel, No. 2 in the industry, without whose support U.S. Steel cannot make the bigger raise stick. For the record, U.S. Steel vowed...