Word: budgeteering
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Dates: during 1970-1979
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...mortal liability is not merely that fantasy is light but money is heavy. Nor is it that in the most expensive film musical ever made (over $30 million), there are sure to be boggy places where what we see is not a fairy tale but a wounded budget projection creeping off to die. The difficulty is not even that by now we are overentertained and grumpy about song-and-dance numbers. (In The Wiz they are bright and clever, but as elaborate...
...know/ That no one can change the path that you must go." Poor Lena Home, as Glinda, the Good Witch of the South, has to suck this same lyrical lemon when, wearing a gruesome blue good-fairy gown, she floats in a starry, process-shot sky. A huge budget corrupts hugely. By this time the viewer has realized that he can't win, he can't break even, and he must get out of the theater...
...Carter can build a public groundswell for Stage 2, labor and business, for all their misgivings, may feel forced to observe the guidelines, and if the wage-price spiral can be slowed, the Government will get more time to chop away at the budget deficit. But even if a socko TV speech gets the program off to a good start, the President will face the tough task of maintaining public, labor and business confidence -and imposing unpleasantly stringent spending discipline on his own Administration-for what at best will be a long, long haul...
Despite these distractions, businessmen find tune for many formal talks and weighty pronouncements. At various closed-door working sessions this time, members debated policy with Federal Reserve Chairman William Miller, Budget Director James Mclntyre, Commerce Secretary Juanita Kreps, Presidential Trade-and-Inflation Aide Robert Strauss, CIA Chief Stansfield Turner and Economist Alan Greenspan...
Congressional committees eliminated the Search for Extraterrestrial Intelligence (SETI), a program the Carter Administration supported. Eric J. Chaisson, assistant professor of Astronomy, had hoped that his $147,000 four-year proposal, "An Operational, Dedicated SETI Program," would pass as part of SETI's $2 million budget...