Word: present
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Dates: during 1980-1989
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...That's what. Signs of dramatic hubris are all over the place. Kopit realized whose shadow he was working under, and early in his play he dismissed Dr. Strangelove's significance to the present-day nuclear situation. He tries to add some Pirandellian interest to the issue by writing End of the World as a play about writing a play on the arms race--incidentally turning the playwright into a heroic comedian a la Neil Simon. Flailing madly for dramatic interest, Kopit scatters references to detective fiction, academia and Beltway culture that are not nearly so hip as kopit thinks...
Italy and all other European nations face the same imperative: generate more internal investment and growth. Otherwise, Europe will remain hooked on exporting. At present the U.S. is the main engine of world economic growth, but that cannot continue indefinitely because the enormous American trade deficit is unsustainable. Warns Nils Lundgren, vice president of Stockholm's Pkbanken: "Either the dollar has to fall more or there will be more protectionism in the U.S." Both outcomes could undermine European growth. Concludes Mast: "We must stop telling the Americans what to do to help the world economy and start doing something ourselves...
...future. But their very lack of New Age video appeal made them seem convincing as leaders of a Congress that will assert itself as an equal branch of Government. Now they face their real challenge, which, as Wright said of the President, involves not rhetoric but reality. Can they present an alternative to Reagan's agenda that is not merely a call for more spending programs financed through higher taxes and dangerous cuts in defense...
...reclusive Salinger objected to the book's use of excerpts and summaries from scores of private letters he had written. Last week (a busy one for literary law watchers after the Bell Jar settlement) a Manhattan federal appeals court ordered a preliminary injunction blocking the book "in its present form...
...that precarious balancing act could collapse if the trade deficit continues to pile up at its present pace. Unless the decline of the dollar slashes the deficit soon, the Reagan Administration's measured trade initiative could be swept away by the more vociferous forces of outright protectionism...