Word: ideas
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Dates: during 1990-1999
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...genial and bespectacled, Forbes looks like an owl surprised at midday. But he feels his strength is as the strength of ten, for his ideas are pure: supply-side Republicanism, from the dawn of the Reagan era. Forbes believes the nation's major problems can be solved simply, with a flat tax allowing few deductions and a stable monetary system tethered to the price of gold. The present tax code, he says, is "a source of political pollution. If you don't clear it out, the weeds will grow back again." And if a new tax system throws revenue projections...
...investment is a group of supply-side economists desperate to return to their glory days. Their movement first emerged in the '70s, when a handful of conservative thinkers--economists Arthur Laffer and Robert Mundell, along with the editorial-page writers of the Wall Street Journal--gazed on a new idea. If you cut tax rates, the thinking went, people would keep more of their earnings, work harder, and the economy would boom. Since the supply-side message flew in the face of G.O.P. economic orthodoxy, they cried in the wilderness until they were heard by Ronald Reagan, who opened...
Strange as it may seem, Paterno actually entertained--however briefly--the prospect of taking over the University of Miami's scandal-ridden program last year. "There was just enough adventure or something to the idea that it scratched my bark. I thought about it one night, then called and said, 'For crying out loud, I'm not the right...
...general has become the nitroglycerin of the 1996 presidential contest. Virtually no one wants to jostle him out of fear that his popularity--and any slighting of his person--could prove explosive. Powell's admirers say his appeal revolves around leadership rather than litmus tests, and polls support that idea. A TIME/CNN survey, taken after Powell proclaimed his moderate-to-liberal social views, indicated that if Powell were to run as an independent, he would win 33% of the vote, against President Clinton's 30% and Senator Bob Dole...
Still, most Republicans who might have been offended by Powell's opinions remain complimentary. Words of praise came last week from Jack Kemp and William Kristol. Even House Speaker Newt Gingrich, who is toying with the idea of entering the race, says that Powell could be a strong contender in the Republican primaries because of his standing as a war hero, an economic conservative and a person with strong family values. Says Gingrich: "I don't think a social moderate will necessarily lose the Republican primaries. [Powell] could put together a very interesting coalition...