Word: administrationitis
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Dates: during 1970-1979
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Contrary to Kissinger's pragmatic approach, I think the current Administration's consideration of human rights as a foreign policy is a growing force. Our degree of support for a particular government depends more and more upon its consideration of human rights rather than the type of government...
To government leaders throughout Europe and bankers and businessmen around the world, the Volcker package was more than just decisive. It made basic monetary sense, something that foreigners have come to long for in the White House's increasingly ineffectual inflation fight. In the past year, not only have prices...
The ultimate challenge to the Fed's bold new initiative is, of course, the sheer virulence of the nation's inflationary malaise. In the short run, skyrocketing interest rates will just make the plague worse, since rising interest simply pushes up the cost of money. In fact, the new boost...
JOSEPH PECHMAN: "Volcker is headed in the right direction," says the director of economic studies at Brookings. But Pechman fears the move will increase chances that the recession will be longer and deeper than expected. He says that "unemployment will hit 8% sooner than expected" and might go even higher...
Though the Carter Administration lad earlier claimed that SALT should be judged on its own merits, the White House was clearly linking the pact to NATO concerns last week. If the treaty is rejected, Administration spokesmen declared, Western Europe might face the breakdown of NATO and eventual "Finlandization," as its...