Word: pocketbook
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Outspoken American advocates of greater efforts look back at the days when the U.S. had the stomach and pocketbook for big initiatives like the Marshall Plan and contrast that with the cheese-paring, tentative leadership Washington is providing now. James Billington, the Librarian of Congress, says that by overthrowing communism, "the Russians have done something big and heroic. They perceive us as, in effect, not responding except in petty ways. Our response has so far been hesitant in tone, trivial in content and very nearly humiliating in its effect." As one dramatic signal, Billington favors an exchange program that would...
Voters over the past two days have said the so-called "pocketbook issues"--taxes, health care, government spending, for example--will weigh most heavily in their minds while voting. Less emphasized, but still significant for voters, are issues like education and the environment...
...Baker's attempt to make the showdown with Saddam into a pocketbook issue backfired. He was widely clobbered for being patronizing; most Americans like to think their country's role in the world is more than just a matter of looking...
...POCKETBOOK INDICATOR. A reliable way to predict whether a President will be re-elected is to look at the growth in Americans' real disposable income -- essentially their spending money -- in the 12 months before the election, according to Robert Wescott, an economist at Wharton Econometric Forecasting Associates. His study of postwar elections shows that every time growth was less than 3.8%, the incumbent party lost the White House. If Wescott's prediction for 1992 holds up, Bush faces trouble...
...Salt Lake City made Deedee Corradini, a Lebanese-born Presbyterian, its first woman mayor. Corradini, who had never held office before, scored a 55% to 45% victory over Republican Dave Buhler, director of Utah's Department of Commerce. Gender was never an issue in the campaign, where crime and pocketbook concerns prevailed. And Corradini worked so hard to keep the race nonpartisan that when state Republicans held their convention a few months ago, she set up a booth among them to attract support. The mayor-elect's female supporters couldn't help crowing a bit. Says Bonnie Miller, a Republican...