Word: deficits
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Dates: during 1970-1979
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Three second-half touchdowns by the Crimson turned a 7-3 halftime deficit into a 24-19 triumph, as Harvard quarterback Larry Brown, the architect of an offensive metamorphosis over which Ovid himself would have drooled, led the gridders to their first Ivy League win of the season...
...penny pincher even before Proposition 13. As mayor of Pittsburgh, he trimmed the city payroll by about 25% and reduced real estate taxes. Even so, neither Flaherty nor his G.O.P. opponent, Richard Thornburgh, is calling for a state tax cut, since Pennsylvania is running a small deficit. Instead, both are proposing constitutional amendments to limit state spending. As U.S. Attorney for Western Pennsylvania, Thornburgh sent some 200 gangsters and corrupt public officials to prison. But one of these, Numbers Racketeer Anthony Grosso, is getting revenge. He is ostentatiously supporting Thornburgh and distributing literature calling Flaherty a "nitwit." Complains Thornburgh: "Sabotage...
...barely a blush, the Democrats last week rammed through an amendment introduced by Georgia Conservative Sam Nunn that could cut taxes $164.5 billion by 1983. The measure differed from Kemp-Roth by a provision that it go into effect only if specified decreases in federal spending and the budget deficit were achieved. Republican Senator William Roth of Delaware promptly signed on as a co-sponsor and laughingly passed out cigars in honor of the birth of "Son of Kemp-Roth...
...range of third cousin: with a Dukakis-like reputation for brusqueness and tactlessness, Carey simply doesn't score many points with the casual voter or party worker. Despite his impressive accomplishments--lobbying for federal aid to the city, lowering the state income tax and eliminating a billion-dollar budget deficit--Carey projects coldness, aloofness, insensitivity. Aside from occasional forays back to the wilds of forgotten Brooklyn, where he doesn't mind stumping amidst a sea of pug noses and red hair, the governor hasn't been able to charm all those blue-collar and ethnic voters who grew up voting...
Because they flood the U.S. with everything from Sony TVs to nimble Kawasaki cycles and buy so little in return, the Japanese alone account for 40% of the nation's appalling trade deficit, which this year will rocket to a record $33 billion. In response to repeated American pleas for easier access to markets in the land of Hitachi and Datsun, the Japanese reply reproachfully: "But we are ready and eager to buy your goods. It is your fault for making no effort to sell to us." Last week a group of 100 U.S. businessmen, headed by Texas Instruments...