Word: ink
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...President Reagan supported such a strategy briefly but then abandoned it because it was unpopular in Congress. The main drawback to accelerating the tax cut is that it would swell the already bloated federal budget deficit. The financial markets are gravely concerned that the flow of red ink will cause inflation to speed up again, and this anxiety, more than anything else, has been responsible for keeping interest rates at lofty levels. As a result, said Eckstein, the Government is suffering from "expectational paralysis." In other words, the lawmakers cannot agree on any kind of stimulation for fear of what...
This was a shortfall more than twice as large as any recorded by a previous Administration. Worse, the ocean of red ink flowed not from a free-spending Democrat but from the most conservative President in half a century, a politician who had made a near religion of fiscal austerity and balanced budgets...
...Erte recalls that one set for the Ziegfeld Follies was built with 6½ miles of gold lame, specially ordered from France. Still, Erté's work did more than coruscate. At the other end of the spectrum of his sensibility are the exquisite gouache-and-ink fashion illustrations of his original designs, drawn for Harper's Bazaar from...
...last 20 years, Pisar says, he has lived by the ancient proverb that. "The ink of the scholar teaches more than the blood of a martyr." Today, however, Pisar is no longer so sure. Pointing to the nuclear arms race and the Middle East conflict, the plight of the Third World's hungry millions, and rising inflation and unemployment world wide, Pisar sees shadows of the past, warnings of future terrors that could come...
...enhance the readers understanding of the writings, the book is illustrated by Ken Price, whose stark, almost pop-art ink drawings of Los Angeles scenes celebrate the integration of beauty with modern city life...