Word: hike
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Dates: during 1980-1989
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Director Taylor Hackford, who did An Officer and a Gentle man, has banished darkness from his remake and told memory to take a hike. He works in a relentlessly sun-drenched present, and his central figures (Jeff Bridges, Rachel Ward and James Woods) are used as symbols, not of the past's sweet cheats but of tedious corruption and the lost paradise of Los Angeles. The result is a flat, dumbly brutal movie, full of overplotted complexity and empty of all emotional resonance, except that provided by the presence of Jane Greer (the original film's dark lady...
After a solitary late-night hike last week through Ottawa's worst snowstorm in four years, Canadian Prime Minister Pierre Elliott Trudeau, 64, trudged home, took a sauna and "just made up my mind." Without bothering to notify the press or his own Members of Parliament, he coolly penned a resignation letter to the president of his ruling Liberal Party, Iona Campagnolo. Serving as Liberal leader, he wrote, "had been one of the joys of my life, but I now feel this is the appropriate time for someone else to assume this challenge...
Mondale's rhetoric sometimes borders on demagoguery when he addresses the elderly. "Reagan is trying to repeal Medicare by stealth," he tells residents of old-age homes, noting that the President has proposed a hike in some Medicare premiums from $14 to $40 a month. He accuses Reagan of slicing $80 billion out of future Social Security benefits without conceding that this was part of a bipartisan package to save the program from bankruptcy...
...stimulative power of tax cuts. Regan believes that the growth generated by the President's tax-reduction program will boost Government revenues and take care of part of the deficit. To reduce the budget gap further, Regan argues, Congress must concentrate on slashing spending. He believes a tax hike would stifle growth and wind up enlarging the deficit...
...place to reduce the budget deficit. But Feldstein maintains that if spending cannot be cut sufficiently because of defense needs or the growth of social programs, then taxes must be raised. Along with his Administration ally, Budget Director David Stockman, Feldstein urged the President to include a tax hike in the budget, but Regan's no-tax stance won out in the White House debate. Neither the President nor his political advisers wanted to propose tax increases in an election year...