Word: loss
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Dates: during 1990-1999
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...Even so, how big is 1%? Plenty big. The CPI now rises at somewhat under 3% a year. Take off 1 point, and you cut a third. And that would mean the adjustment in the average monthly Social Security benefit of $698 would be $13.96 instead of $20.94, a loss of about $7. That hardly seems harsh, but it adds up. That fix, along with companion reductions in other programs tied to the CPI, "would save $1 trillion over the next 12 years," says Moynihan. And that, he adds, "would be enough to cut the debt significantly or to spend...
...that sentiment that did the most to save the G.O.P. from what otherwise might have been a congressional loss as humiliating as Dole's trouncing by Clinton. To an extraordinary extent, both parties fought the campaigns for House seats as a referendum on national policy; former House Speaker Tip O'Neill's maxim that "all politics is local" has rarely been so widely flouted. Democrats pleaded with voters to repudiate the so-called revolution of O'Neill's successor twice removed, Newt Gingrich, whom they pictured as avid to gut all programs of government help to the poor and middle...
...Both parties rest on such unstable coalitions that after every big election the losing side goes into a mortal funk, wondering whether its crucial constituencies are cutting loose once and for all. One year after George Bush was proclaimed unbeatable, the Republicans were sifting through the wreckage of their loss to Bill Clinton. Two years after that, the Democrats lost Congress so badly they were asking if the numbers would ever add up their way again. Now it's the Republicans, so euphoric in '94, hitting the skids again. Is it possible to talk about a manic-depressive cycle...
...enough? Should he have stuck to tax cutting, as Jack Kemp and Steve Forbes kept insisting, or run against abortion and vulgar pop culture, as William Bennett and the Christian right were hoping? At one time or another, Dole tried to run all those ways, so his loss cast a shadow over every label and lets every wing of the party read the returns in the way that suits it best. But when the fighting is over, the only question that will really matter is this one: If the Republican Party is in pieces again, who picks them...
There is a third school on Dole's loss. It has to do with limitations--and not all the limits were...