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...mounting deficit ($300 million currently). To do so, he has already cut $628 million from the $4.6 billion fiscal 1982 budget. Two weeks ago, he won reluctant approval from state legislators for a temporary income tax increase, from 4.6% to 5.6%. The next day, Michigan's economy was dealt a new blow when Moody's Investors Service dropped the state's bond rating from A to Baa-1, the lowest of any state. That will make it difficult for Michigan to borrow needed funds when the new fiscal year begins in October. So far, ten Democrats...
...instructor, he taught one course with two sections each semester. The classes, among the most popular at the school, dealt with internal and external considerations of management. Like most teacher at the school, Dukakis used the case study method--presenting a hypothetical management problem to students, and then conducting the class as a question and answer session. Several of his former students credit Dukakis says he used some of his personal experiences as case studies--he cites one difficult negotiating session he had with state police--but stresses that he relied mostly on other examples...
While it is promising aid to the Caribbean economies, the Reagan Administration has dealt a blow to one of the region's key exports: sugar. Two weeks ago, the White House announced that it was imposing quotas on sugar imports. The countries of the Caribbean last year shipped 1.25 million metric tons of sugar...
...emphasize that point, Britain late last week declared that any Argentine ship or aircraft found more than twelve miles from Argentina's mainland would be considered hostile and dealt with "accordingly." Buenos Aires' Ambassador to the U.N. Eduardo Roca immediately denounced the move as "illegal." There was speculation that the 66-ship British armada, its deadliest elements standing at battle stations off the Falklands, might send troops ashore early this week. Weighing against that possibility was the fact that much of the equipment necessary for the invasion of the islands was aboard ships sailing from Ascension Island...
Changes are that the Administration has not yet found its own soul. It remains divided between ideologues who view Moscow as so conquest-bent and hopelessly unregenerate as to make arms control efforts a waste of time, and former detente disciples who still believe that the Russians can be dealt with on such matters, given verifiability. Despite its rhetorical broadsides against Communism and the "failed" Soviet "empire." Reagan's speech contained traces of what for him qualities as conciliation. "We will negotiate seriously, in good faith, and carefully consider all proposals made by the Soviet Union. Reagan promised...