Word: deftly
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...federal money for public school construction, had died between two opposing forces: Roman Catholic demands for federal funds for parochial schools, and opposing arguments, cited by Kennedy himself, which held that direct federal aid to parochial schools would be unconstitutional. In what may long be remembered as a classically deft maneuver, Johnson avoided both obstacles by providing just enough indirect aid to parochial schools to satisfy Catholics without outraging constitutionalist sentiments...
...assets: $1.2 billion). Called upon to try his fiscal therapy on the inflation-plagued economies of postwar Germany and Japan, he became one of the chief architects of their phenomenal booms by counseling devalued currency and balanced budgets. Then as Eisenhower's budget director through 1954, Dodge performed deft surgery on the U.S. budget, whittling almost $7 billion from the deficit left by Truman and making possible the $1.6 billion surplus...
...economy: "I think that it would have a negligible effect on the money supply." To attract more savings and further increase the supply of money, the Federal Reserve simultaneously allowed banks to increase their maximum interest on savings deposits from 31% to 4%. The board thus hopes, in a deft balancing act, to hold long-term interest rates low at the same time that it raises short-term rates. Not all bankers will play along, of course; at week's end, Atlanta's Citizens & Southern became the first major bank to raise its prime rate for long-term...
Berry's forte is good-natured whimsy and a talent for deft deflation that is particularly effective when he sights in on his folksy cartoon image of Lyndon Johnson. His approach contrasts sharply with the generally aggressive comment of his cartoonist colleagues. "We get enough of the angry stuff," says Berry. He considers himself a "middle-of-the-roader" and prefers to keep his political preferences a secret for the ballot box. "I'm not really mad at anybody," he says. "Satire comes naturally to me, and I prefer to take potshots at anybody and anything...
...involved with the extreme left, but is now considered notably pro-U.S. "Anti-Americanism," he says, "is a disgrace to Socialism and a danger to peace." Healey is thought by some of his colleagues to be too theoretical, but he has made a strong impression abroad with his deft performances at international conferences...