Word: deficits
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Dates: during 1980-1989
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...inertia on the domestic front. For while taking an initial cautious approach may be prudent in matters of foreign policy, it seems ill-advised in matters of domestic policy that desperately need to be addressed. Granted, curtailing the drug epidemic in our cities or reducing the nation's budget deficit may not be exciting or dramatic, but they are as vital to America's future as any conventional arms agreements in Europe...
Stubbornly adhering to his "read my lips" campaign pledge that there will be "no new taxes," Bush offered a budget proposal that promised to reduce the current $160 billion deficit by over $70 billion during the next year, with mirrors...
...nation, we cannot continue to postpone the tough choices needed to reduce our budget deficit. At the same time, we must be willing to make the investments needed to improve our public education system, clean up our environment, rebuild our cities and fight an effective war on drugs and on drug-related violence. So far, President Bush has revealed a disturbing lack of leadership and political courage in responding to the demands facing America in an ever-changing world...
...America, from cattle ranches to skyscrapers. And in the eyes of the most frustrated Americans, no amount of prodding seems to persuade Japan to change its self-interested habits. "Protectionism has developed momentum as people realize that the promises of the Japanese government to do something about the trade deficit have not been fulfilled," says Frank Gibney, who has written several books about Japan...
...believing protectionism was pretty dumb, and I still do," says Chrysler chairman Lee Iacocca. "But somewhere along the line we stopped being idealists and started being patsies." Iacocca and other auto executives are well aware that cars, trucks and auto parts account for 64% of the $52.1 billion trade deficit with Japan...