Word: progrowth
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...that bleak Tuesday last week, Forbes' natural optimism was rewarded: Jack Kemp, in bed with the flu, called to say that, yes, he would finally endorse his fellow progrowth traveler. Suddenly the hot air whooshed back into the Forbes campaign balloon. But Kemp then seemed to have second thoughts about his belated impulse. The day after he came aboard he was disturbed to learn that Forbes was planning a new round of negative ads. Kemp telephoned Dole headquarters, wanting to speak to the Senator. "The good news," said a top Dole fund raiser, "is that Dole has a short memory...
...name of Felix Rohatyn, a top investment- banking dealmaker at Lazard Freres. Rohatyn, a Democrat best known as the head of the municipal corporation that saved New York City from bankruptcy in the 1970s, has both the assertive personality and the towering reputation on Wall Street to voice progrowth arguments forcefully inside the board. In any case, to keep the economy humming, the budget-bound President has only one place to look: It's the Fed, stupid...
...complicated, and the results in a way more interesting. Former California Governor Jerry Brown, usually enveloped in an aura of indignation, did not profit from the prevailing anger. A different contrarian principle worked in favor of Paul Tsongas. The former Massachusetts Senator, survivor of lymphoma, preacher of no-nonsense, progrowth, probusiness ("You can't have employment and despise employers -- no goose, no golden eggs"), came away with 33% of the vote. His importance was symbolic as well as substantive: Tsongas possesses a power of glamourlessness, a nerdy, basset-hound anti-image that gives hope to some voters who despair...
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