Word: carterized
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Dates: during 1980-1989
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...career he has shuttled easily between military outposts and Washington's corridors of power: he won the Bronze Star and the Purple Heart for service in Viet Nam, did a stint at OMB, commanded an infantry battalion in Korea, served as a Pentagon military assistant in both the Carter and Reagan administrations...
...years. That was an alarming turnover and a sort of enigmatic commentary on the problems of leadership in America in the late 20th century. John Kennedy: assassinated. Lyndon Johnson: driven from office. Richard Nixon: forced to resign. Gerald Ford: an unelected President, rejected at the polls. Jimmy Carter: buried in a landslide. Commentators began to wonder whether Americans had a streak of the regicide in them. Going into Reagan's fifth year, however, Americans began to think he would be the first President since Eisenhower to leave Washington after two terms with a smile on his face...
...political scientist, Michael Nelson, has observed that the Presidents from Franklin Roosevelt to John Kennedy were generally portrayed as Saviors. Johnson and Nixon were cartooned as Satans, and Ford and Carter as Samsons -- weak Presidents shorn of their strength. Reagan seems to invite the thought that he has found a new model, the Salesman, in the last act, standing on a stage about to go dark...
...Louvre values would push the Federal Reserve back into a dangerous high-interest-rate policy and would be bound to fail anyway. "Willy-nilly the dollar is going to fall in the next two to three years," says Charles Schultze, who headed the Council of Economic Advisers under Jimmy Carter. Feldstein figures that the dollar would have to drop 30% in five years to reach a sustainable value and adds that if natural market forces were left to work unhindered, most of that decline would occur in the next twelve months...
...When Carter was President we had really rich briefings, and it was actually wonderful because we really did learn. The briefings that I've gotten in the Reagan White House have no details," she said...