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...into criticizing the Administration foreign policy. In his letter of resignation to Reagan, Alexander Haig complained that this policy was losing its "consistency, clarity and steadiness of purpose." But Shultz told the committee that he found it "pretty clear and consistent." While a number of foreign diplomats have expressed dismay at what they see as too many Administration officials offering conflicting statements, Shultz declared: "We have one policy: the President's policy...

Author: /time Magazine | Title: Letting George do It: George P. Schultz | 7/26/1982 | See Source »

...most controversial resignations have been two top Treasury Department supply-siders, Paul Craig Roberts, Assistant Treasury Secretary for Economic Policy, who left in February, and Norman Ture, Under Secretary of the Treasury for Tax and Economic Affairs, who departed in June. Neither has disguised his dismay at the drift in Administration economic policy. Said Ture of the compromise plan to boost taxes $98 billion over the next three years: "The package is damned unfortunate. It is going to be self-defeating." Roberts summed up his gloomy view of Administration policymaking: "There is no policy any more. The policymakers bend whichever...

Author: /time Magazine | Title: Reagan's Vanishing Advisers | 7/26/1982 | See Source »

Simultaneously, the most serious rift in years between the U.S. and its Western European allies continued to widen. At a summit meeting in Brussels, the ten-nation European Community expressed its dismay at Reagan's June order forbidding U.S. companies, their foreign subsidiaries and even foreign licensees from supplying equipment for the 3,500-mile pipeline that is to carry Soviet natural gas from Siberia to Western Europe. And the Brussels communique, toned down somewhat from a stinging initial draft, did not fully reflect the intensity of the Europeans' belief that the U.S. is waging economic war against...

Author: /time Magazine | Title: Waiting for the New Man | 7/12/1982 | See Source »

...dismay about Reagan among Reaganites brought an ill-assorted two dozen Some them together for a meeting a week before Haig's resignation. Some were writers and polemicists of standing, including Michael Novak, Irving Kristol and as Podhoretz; some edit obscure, cranky magazines that posture as if they them armies of followers; others have enough name recognition to get themselves onto talk shows on an off night. Richard Viguerie, whose computers contain the hottest list of right-wing fat cats, was there; so was Terry Dolan, who raises hours for commercials against candidates on his hit list. After five...

Author: /time Magazine | Title: Newswatch Thomas Griffith: Muted Thunder on the Right | 7/12/1982 | See Source »

...inability of the nation's elected officials to come to grips in an effective way with the country's economic woes is causing widespread dismay that could soon enough begin turning into outright cynicism. Both the House and the Senate last week passed a budget resolution purporting to hold down 1983 deficit spending to no more than $103.9 billion, but not even the legislators seemed to believe in what they were doing. Admitted New York's Democratic Congressman Theodore Weiss: "It's a package wrapped in deceit, based on phony figures, erroneous assumptions and questionable projections...

Author: /time Magazine | Title: A Growing Mood of Dismay | 7/5/1982 | See Source »

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