Word: gloom
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White American writers tended to end their books and their characters' lives as if there were no better existence for which to struggle The gloom of defeat is thick...
...testimony on Capitol Hill, the President's men acknowledged that the economy was in danger. Chief Economic Adviser Martin Feldstein, known as the Administration's "Dr. Gloom," agreed with Penner's warning that the deficit could reach the $300 billion range by the end of the decade. If that happened, said Feldstein, federal borrowing would be swallowing 75% of American savings and putting powerful upward pressure on interest rates. Even Treasury Secretary Donald Regan, usually an optimist and a critic of Feldstein's dour outlook, admitted that "without proper fiscal and monetary policies, there...
Successful as the maneuvers outside the ship may have been, they could not entirely erase the gloom cast over the mission by the loss of two sophisticated communications satellites. At week's end, NASA still could not explain why Western Union's Westar VI and Indonesia's Palapa-B2 had failed to achieve orbit, except to say that their rocket motors had apparently shut down prematurely before completing their scheduled 85-sec. "burns." The prime suspects are the bell-shaped nozzles from which the boosters' flaming gases are expelled. McDonnell Douglas, builder of the rockets...
...right," says an aide. What Regan tells Reagan is that the President can cut taxes, increase military spending and still have a sustained economic recovery. Regan won a round earlier this year when Feldstein drastically underestimated the strength of the recovery, earning himself the nickname "Dr. Gloom." More recently Regan has been battling with Feldstein over the deficit. The CEA chairman argues that excessive deficits will drive interest rates high enough to choke off the boom. Regan insists that there is no hard proof of this. Even if the deficit persists, he argues, the White House can afford to wait...
...press is in the business of selling, and good deeds don't sell. What does sell is gloom and fear and crime and deceit. The press can poison a jury fast. Often, there is a rush to find guilt. Along the way, they deprive defendants of any presumption of innocence. There's a conscious effort to go after anyone big. The only place John De Lorean could get a fair trial would be in a monastery with twelve deaf-mute monks. There's a tendency to overexpose our leaders. Anybody who wants to be a public figure...