Word: inked
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Dates: during 1980-1989
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...especially when it allows Republicans to snicker at his much touted Massachusetts Miracle. Last week the front runner in the Democratic presidential campaign was forced to concede that sagging tax revenues have thrown his $11.6 billion 1988 budget out of balance by more than $300 million, with additional red ink forecast for 1989. Since the Massachusetts constitution mandates a balanced budget, Dukakis must trim spending programs -- a task that should be good practice if he ever moves to the Oval Office...
...point, I kept a color-coded calendar on my desk (numerals highlighted in green ink for 'good' days, red for 'bad' days, yellow for `iffy' days) as an aid to remembering when it was propitious to move the President of the United States from one place to another, or schedule him to speak in public, or commence negotiations with a foreign power," Regan wrote...
Much of the excess demand can be traced to the federal budget deficit, which is expected to rise from $150 billion in 1987 to $165 billion this year. By pumping up the economy, the deficit encourages spending on imports. At the same time, the federal red ink helps keep interest rates high, which discourages investment in the plants and equipment needed to produce American goods that could be exported or substituted for imports. Says Investment Banker Felix Rohatyn: "Whatever we do on trade is a sham, a complete waste of time, unless we begin to tackle the budget deficit...
...Gone With the Wind as the main course. His tidiest, loveliest film, The Spider's Stratagem (1970), is set in an Italian town called Tara; his most ambitious work, 1900 (1976), is a folk epic spanning 70 years of Italian history -- a Gone With the Wind gone red. Red ink too: the film, cut from 5 1/2 to 4 hours, sank quickly. It took The Last Emperor to reconcile Bertolucci's art and his craftiness, his mandarin aesthetics and his hunger for popular success...
...abysmally. Fox executives once hoped to have three nights of prime-time programming on the air by now; only two are up and running, and just one is doing passably in the ratings. Fox's losses thus far are close to $80 million, and the flow of red ink does not seem likely to be stanched anytime soon...