Word: troika
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...from private conversations with officeholders, who often provide background or personal observations. For this week's cover story on the inner workings of the Reagan Administration, White House Correspondents Laurence Barrett and Douglas Brew drew on knowledge built up over months of reporting on Reagan and his executive "troika"-Presidential Counsellor Edwin Meese, Chief of Staff James Baker and Deputy Chief of Staff Michael Deaver. Says Barrett: "To know how the minds of these men work it is necessary to spend time with them at meals, on the tennis court, in a fishing boat, or just hang out with...
Carnesale will round out a "man agement troika" which included Graham Allison Jr. '62, dean of the K-School, and Hale Champion, executive cean of the K-School. He will "focus primarily on the role of the faculty in school affairs," while Champion "will continue to focus primarily on the administrative dimensions," Allison said this week...
...wanderer from the true faith appears to be Treasury Secretary Donald Regan, who along with Budget Director David Stockman and Council of Economic Advisers Chairman Murray Weidenbaum is a member of Reagan's "economic troika." Regan last week called upon the Federal Reserve Board to loosen the tight money supply. He merely wanted the Fed to honor its own targeted growth rates for the money supply and avoid choking the economy, but to monetarists looser money is absolute heresy...
While there is not yet a crisis in White House management, the current strains seem likely to grow. Moreover, there is growing disarray at middle levels of Reagan's economic team. While the "economic troika" of OMB Director David Stockman, Treasury Secretary Donald Regan and Council of Economic Advisers Chairman Murray Weidenbaum seems to be at least publicly in tune, there is a sharp split between the supply-side purists and more monetarist advocates working under it. They disagree on the validity of the Administration's rosy economic forecasts and on whether Reagan's recently enacted...
...budget without new revenues far beyond the excise taxes and user fees that the Administration may propose; politically inflammatory and perhaps unachievable slashes in social spending; or smaller cuts in social spending coupled with significant cuts in defense spending. Endorsing Stockman were the remaining two-thirds of the economic troika, Treasury Secretary Donald T. Regan and Chairman of the Council of Economic Advisers Murray Weidenbaum. Said a high Treasury official later: "There's not a lot of money left [to cut] anywhere in the domestic programs...