Word: first-term
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...Almost completely obscured by Monday's market dive was a bit of good economic news: The federal deficit has shrunk to $22.6 billion, the lowest since 1974. While Wall Street screamed, President Clinton was before a benign crowd at the Democratic Leadership Council, proudly bearing the news that uncomfortable first-term taxes and a chest-beating economy had driven the number down to a fraction of what even administration officials had predicted...
...search for his successor has dragged on since spring. Frank Raines, the Budget Director, pre-emptively took his name out of the running, but Clinton is said to be pressing him to reconsider. Meanwhile, a President whose team has already lost the intellectual energy and political acumen of such first-term stars as George Stephanopoulos, Harold Ickes, Don Baer and, yes, Dick Morris is facing another wave of retirements. Among those polishing their resumes include spokesman McCurry, counselor Doug Sosnik and, if he doesn't get Bowles' job, chief lobbyist John Hilley...
...least as important, Cohen and Albright are all more adept at mobilizing public opinion than the first-term team, which failed miserably at it. Christopher liked his diplomacy buttoned down and hushed up. The new team has to do much better at persuading an indifferent, otherwise-engaged American public to support risky adventures abroad. That is a role Albright has long auditioned for from the U.N.; she'll step in as the CNN Secretary of State that Christopher never wanted to be. She is the master of the sound bite, explaining complex issues in 10-second phrases that lunch-pail...
...experience factor made the difference, many say, as Rawlins has pushed various issues while O'Mary is a first-term councillor with a less extensive track record...
Stabenow defeated current first-term Republican Rep. Dick Crysler--a member of the "Gingrich Posse"--by opposing Republican budget cuts...