Word: pocketbooks
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Clinton did not foresee the extent to which his foreign policy would be determined by the same issue that dominated the domestic agenda: the economy. He was elected as the man most in touch with the pocketbook of the average American. What he did not realize was that those economic concerns would reach far beyond the borders of the United States...
...generate jobs," says a White House aide. "The good news is that it's largely in our hands to control the outcome. Focus, discipline, a stronger White House staff can help us, but everyone knows how the bottom line will be measured. It's the condition of the collective pocketbook on Election Day that counts." And no matter how clever a politician is, there is simply no way to spin a sense of economic well-being into an empty wallet...
Warner's decision may be a temporary setback for artistic freedom, but probably not for Ice-T's pocketbook. He'll find another label for the album, and industry sources expect him to pull down a higher royalty rate than he got under his Warner contract...
...invitation to the Inaugural Ball? Don't despair; Washington will have festivities to suit every taste -- and pocketbook. Some options...
...York-based Conference Board's consumer confidence index for December. It showed nearly a 13-point increase, following an 11-point hop the month before. Says Redbook analyst Steve Marotta: "Consumers went from the ostentatious '80s, making sure that they had somebody's name on their pocketbook, to the '90s, when they pulled in the reins. Now what we are seeing is the result of pent-up demand...