Word: centrally
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Dates: during 1980-1989
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...Inside the Soviet Union, I've been told by people in the Central Committee that they're worried that one of the reasons why Gorbachev is being attacked is that he is viewed as simply a pushover when it comes to dealing with Reagan," says Goldman, adding that they say whenever the general secretary meets with Reagan, he "comes home without his shirt...
...money game, or more precisely the lack-of-money game, began its long and intricate course in earnest last week. There were direct signals, mixed signals, contradictory signals -- something for everybody. The central point, however, was unambiguous. A debate rages over the exact effect monumental federal deficits have on the nation's economic health and its role as a world leader. But the President left no doubt that he disdains those who claim that deficits do not matter. If asked, Bush would undoubtedly agree with the assessment of Alice Rivlin, a former head of the Congressional Budget Office. "The budget...
...Bush "victory" in retreating from no new taxes would cheat the electorate of a fundamental choice. In a democracy, the central questions are who pays and who gets. How a government taxes depends on its rulers' political philosophy. Had new revenues been required in a Democratic Administration, Michael Dukakis would surely have opted for increasing income taxes. Bush and Darman have already indicated their preference for increasing the regressive sin taxes. Had Bush honestly said, as did Dukakis, that he would raise taxes only as a "last resort," the country might have had a genuine debate...
...disturbing sign of the new times popped up last week, when the Government reported that the U.S. trade deficit surged in November to $12.5 billion, up from $10.3 billion the previous month. The stalled progress in narrowing the trade gap brings into question a central assumption of U.S. trade strategy: that the weak dollar will continue to shrink the deficit by making U.S. exports cheaper overseas and imported goods more expensive for American shoppers. But U.S. imports just keep on rising. That partly reflects what some economists have begun to call "hysteresis" -- a fancy term for the notion that...
POLAND Never Say Never In a surprise move, the regime proposes legalizing Solidarity The turnabout was breathtaking. As the Central Committee of the Polish Communist Party met in Warsaw last week for an often bitter session that lasted until 3 a.m. the second day, General Wojciech Jaruzelski and several of his top aides threatened to resign unless the party approved a resolution paving the way for legalization of the outlawed Solidarity trade union. This was the same Jaruzelski who cracked down hard on Solidarity and spearheaded its outlawing after he proclaimed martial law in 1981. At stake in the remarkable...