Word: cutbacks
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Arms control must be appreciated for what it is: a temporary means of saving money and an indication of superpower communication, but not a substantive indication of Soviet--or, for that matter, American--goodwill. A fundamental refashioning of superpower relations requires not a simple cutback in weapons but a complex, gradual, and painstakingly slow evolution toward mutual Soviet and American understanding...
...will not continue forever to finance American profligacy, and the stock-market crash was a relatively mild foretaste of what could happen if they pull their money out. The nation would then face a grim choice of financing the deficit by ruinous printing-press inflation or a sudden, brutal cutback in spending that might trigger a real economic bust...
Some experts do not believe the projected cutback is good enough. Says Rowland: "The Montreal agreement simply isn't sufficient to protect the ozone. We should have signed a treaty that reduced CFC production by 95% -- not 50%." Nonetheless, the Environmental Protection Agency has calculated that without the accord, a staggering 131 million additional cases of skin cancer would occur among people born before...
Nothing would revive the President's leadership more solidly than reaching agreement with the Soviet Union on a sweeping reduction in intermediate-range nuclear missiles. This would raise the remote possibility of a cutback in strategic missiles, whose numbers have continued to grow, albeit at a slower rate, under past treaties. However he may be diminished by his Iran-contra adventure, Ronald Reagan is unlikely to go down in history as a mere potted plant. In his final 16 months as President, he may yet carve out a more elevated niche...
...vast superiority in short-range weapons, which are sited in East Germany and Czechoslovakia and can hit targets over distances of up to 600 miles, the initial West European reaction to the Soviet statement was decidedly cool. Last week Gorbachev said Moscow was also ready to discuss a cutback in short-range weapons. The offer was obviously made in preparation for this week's visit to Moscow by U.S. Secretary of State George Shultz, and President Reagan later praised the Soviets' "new seriousness" on arms control...