Word: oversold
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...worker-based coalition around supply-side policies is thus a high-risk proposition--the administration gambled not only that its "voodoo economics" would work, but also that the public would fail to see its essential duplicity. Hence, the rhetorical excesses: Reagonomics is a program that must be oversold if it is to be sold...
...that have become known as Thatcherism and Reaganomics are now running into political difficulties in Britain and the U.S., the board members were generally sympathetic toward this type of restrictive program. The panelists said that one of the major problems faced by both governments is that the policies were oversold. Said Brittan: "What went wrong was the claim that there were going to be extremely rapid results as soon as the policies of less government intervention in the economy were installed. Neither Ronald Reagan nor Margaret Thatcher could admit that governments cannot reverse long-term historical trends overnight...
...somewhat higher than most economists expected in view of the high cost of borrowing money, the specter of those larger-than-expected budget deficits soon began to cast a shadow over the whole Reagan program. Says Donald Miller, vice chairman of the Continental Illinois Corp.: "Supplyside economics has been oversold, and people have come to expect too much." Adds Conservative Economist Martin Feldstein, president of the National Bureau of Economic Research: "I think the Administration hurt itself by a series of unbelievable statements, starting with those optimistic forecasts about growth of the economy...
Despite the widespread interest R136A has aroused, one Harvard astronomer says it is really not such a stellar attraction. "It is an interesting curiosity but a bit oversold," David W. Latham, lecturer on Astronomy, said, adding, "it is not the most exciting discovery even in the last two years...
...depression, she says, is to create an unrealistic myth about motherhood, offer unfeeling medical care, and then set the new mother down in a social system that offers her little support for her new child and new role. Oakley, the mother of three, thinks childbirth is so oversold as woman's greatest achievement that women believe something is wrong with them if they have ambivalent feelings after giving birth. Says she: "The medical profession should see it not as a problem of individuals but of the structure...