Word: downshifting
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...summer schedule could actually be a very good thing. I won't have to readjust to the academic rigor; I will downshift a notch. I won't be worried about wasting my summer away; I will have enhanced my job prospects for next summer. I won't be worried about finances next year; I will be set. Hmmm. Momentum, resume-building and money. Maybe I'm not so insane after...
WASHINGTON, D.C.: For Fred Thompson, the main problem with illicit Asian donations is that they don't seem to be news to anyone. But last week's swing-and-a-miss performance has forced Thompson and his committee to downshift, laying the groundwork for what they see as a pattern of illicit Asian contributions to political campaigns. Today's Exhibit A: a memo in which John Huang asked the Lippo Group, for whom he worked in 1992, to "please kindly wire" some $50,000 to the Democratic Party. Before long, a red-faced DNC was announcing the return...
...without a vicious fight, and GM is still chock full of gearheads who are torqued off at Smith for abandoning them to folks who wouldn't know which end of a wrench to hold. And GM's bureaucracy, as thick as any company's, can still downshift a project to neutral at the drop of a meeting. One high-level executive says the parade of meetings leaves him only 30 hours a month to work on new products and sales. "Things are 100% better than they were," he complains, "but it's still so tough and painfully slow...
...rate in the July-through-September quarter--following a 4.7% pace in the previous three months--the candidates grabbed the nearest microphone and gave wildly diverse interpretations of what the number meant. For Dole, it showed an economy teetering on disaster; for Clinton, it was a welcome business-activity downshift that would keep alive the 5 1/2-year expansion without reawakening inflation...
...momentum in Washington. That can't last. Rising G.O.P. star Christine Whitman of New Jersey, up for re-election in 1997, could be the first to face the consequences. She says she supports the block-grant approach "philosophically" but wants "a glide path that's doable," not the downshift Gingrich has in store, which would take New Jersey from 10% growth to 2% in just 11 months...