Word: melcher
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Dates: during 1990-1999
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...Blessed gridlock," explains Mark Melcher, director of Washington research for Prudential Securities. Good things have happened because the Republican Congress hasn't let Clinton tax and spend as he might like. And Clinton hasn't let Republicans cut taxes and possibly drive up the budget deficit and interest rates. That status quo looks like it will survive...
...character" assault on Clinton, only to step on his own toes in the process. If Dole turns mean, Clinton might inspire voters to give Demo-crats the seats they need to control both arms of Congress. "If the Democrats sweep, it would be a tax-and-spend mandate," Melcher says. "The bond market would go first and the stock market would follow...