Word: ax
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Dates: during 1980-1989
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...WHITE HOUSE is rapidly exhausting its options on the spending front. In his first term, Reagan declared war on programs for the poor. Now he has turned his ax on middle class programs like student loans and Medicare. Even if the domestic hacking Reagan wants is actually done, though, huge deficits will still remain well into the next decade. And if this week is any indication, Senators will fight to protect the programs favored by the middle class voters they need in order to return to office. If it's spending the President wants to cut, it will have...
...Administration argues that Amtrak is a prime candidate for the ax because it carries only 2% of long-haul passenger traffic (vs. 86% for airlines and 12% for buses). Moreover, Dole maintains, the railroad is a gravy train for middle- and upper-income passengers. A survey of riders in the Northeast showed that 55% had incomes of $30,000 or more...
Schubert: Piano Quintet in A Major, "Trout" (Emanuel Ax, piano, with members of the Guarneri Quartet and Julius Levine, double bass); Mozart: Eine kleine Nachtmusik (Guarneri Quartet with Julius Levine; RCA). Schubert's ineffable "Trout" Quintet, so named for its use of the composer's song The Trout as the basis of the fourth movement, is one of the glories of the chamber-music repertory, beloved of pianists and string players (and audiences) everywhere for its grace, wit and warmth. Ax's sensitive, full- toned pianism and the Guarneri's rich ensemble are perfectly matched here, to each other...
Bernard Hanon, the chairman of the board of Renault, the nationally owned French automaker, was sleeping at the Carlyle Hotel in New York City two weeks ago when the ax fell. At 4 a.m. an aide called from Paris to read him a front- page article from the pro-Socialist daily Le Matin. The paper announced that Hanon, 53, would soon be replaced by Georges Besse, 57, chairman of the Pechiney state-owned aluminum conglomerate. Shocked and angry, Hanon caught the next Concorde back to Paris. Summoned to Premier Laurent Fabius' office early last week, Hanon was forced to resign...
...taxes, as he did in 1981, than it is to reform the tax system, as he will try to do this year or next. It is easier to cut back programs for the poor than to whack entitlements for the middle class, which by and large escaped the budget ax last term. It is easier to buy more arms and denounce the Soviets as an "evil empire" than it is to work out meaningful arms- control agreements...