Word: cocca
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Dates: during 1982-1982
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...theater for military action? Society flourishes or languishes by guessing the drift of things. If it had guessed right about consumer trends a few years ago, the auto industry might not be in such a sorry state. But in that industry, as Chrysler's chairman Lee la-cocca put it, "you make a decision and then wait three years to get the stuff kicked out of you." Congress has such a hunger to know coming trends that it requires the President to project budget deficits five years ahead-an exercise to whose futility Ronald Reagan recently attested. Said Reagan...