Word: exportable
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Dates: during 1990-1999
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Eastern Carolina had one more export: conservative Democrats. It had been sending them to Washington since the Blue defeated the Gray, and Lancaster was no different. He backed the death penalty; he supported Star Wars; he voted to ban federal money for obscene art. But Lancaster also supported Clinton's tax increase in 1993 and his crime bill the year after, and in 1994 an upstart Republican bombarded the Carolina coast with pictures of Lancaster jogging with a President everyone despised. Lancaster and dozens of moderate Democrats like him went down to defeat. It was death by Clinton...
...difference. During presummit haggling, National Security Adviser SANDY BERGER warned his Chinese counterpart, Liu Hua Qui, that the ballooning trade deficit with China, $44 billion this year, was going to provoke a mega-political backlash. Liu replied that the deficit had many complex causes, including wrongheaded U.S. export controls. During a break, a frustrated Berger told an aide to buy a present for Liu. When the Chinese official unwrapped it, he found, instead of the traditional vase, a spanking-new Barbie--made in China, of course. Berger razzed him, "I want you to put that on your desk and leave...
...Denying MFN would hurt the United States--our jobs, exports, and investments in China...and [with certain retaliation], many of the approximately 175,000 high-paying export jobs related to US trade would disappear," Bereuter said in a speech a few days after the extension of MFN to China this year...
...with the U.S. ? watch out for men from the East bearing gifts. China's President Jiang Zemin, whose upcoming state visit to Washington has been a source of some controversy, is planning to send an advance party of trade delegates to America next week ? with billions of dollars in export deals in their pockets...
...when Japan's cargo ships are barred from U.S. ports while its negotiators haggle over $4 million in fines, news of China's generosity will come as a refreshing change to export-hungry businesses. But could this deal be just a little too sweet...