Word: planned
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Dates: during 1970-1979
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...jacket on occasion at congressional hearings. A businessman and lawyer rather than an economist by training, he has been remarkably accurate in his economic forecasting. Known from the beginning as a determined inflation fighter, he has taken the position that the Fed should be dedicated to a long-term plan for reducing the inflation rate over the next five to seven years and should not react nervously to every fluctuation in the economic outlook. "Steady as you go" be came his watchword...
Jordan is capable of brilliant political work. He drew the blueprint that got Carter elected. He orchestrated the successful campaign to get the Panama Canal treaties ratified. He has prepared a detailed plan of attack for the SALT II ratification battle. His authority in the White House has steadily increased and with that authority have come changes both on the surface and below, hence his recent pin-striped suits and more conservative demeanor. Says one colleague: "He is very serious about things worth being serious about. Like the President, he will not get intellectually stampeded. He has the strength...
...that pledge. Said he: "I'll have to change in a number of ways. I'll have to change my approach and my attitude to my work. I know what I do well and what I don't do well. What I do well is, I plan. I am organized in my head. I am not a person who relishes or is good at detail." Recognizing his own weaknesses, Jordan began an immediate search for a tough executive officer. Leading candidate: Congressional Liaison Officer Leslie Francis, 36, who is credited with improving the White House congressional liaison...
...skepticism about Carter's energy speeches. "I cannot believe Carter," said Thomas Jensen, an Oslo plumber, "until I see his words transformed into results, and that depends on Americans, who waste energy so badly." Vienna's daily Die Presse wrote: "The chances of the Carter plan's success are small because of conflicting interests and the population's clinging to 'the American way of life.'" Unfortunately, European, Asian and other foreign commentators failed to recognize that if Carter realizes his goal of creating an extremely large synthetic-fuels industry, it will spur a more...
...then to another. This has been reflected in White House swings of policy and shifts of focus. He has fought first unemployment, then inflation, then the energy war. At one moment Carter has preached a balanced budget and then turned around and sent Congress a health-care plan that would add $24 billion to federal spending. He has said he favors decontrol of energy prices, but has always been reluctant to take such steps...