Word: protectionists
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...Congress after 1978, and all of it after 1982; he defeated the other incumbent, Republican Clint Roberts, when a redistricting blended their two districts into one that year. Moreover, Daschle's liberalism is not of the knee-jerk variety. He voted against the tax-reform bill, and sounds Midwestern protectionist on trade matters. Says Daschle: "It's time to tell Tokyo, 'If you want us to buy your Toyotas, then you'd better buy our beef and grain...
...discount rate, the interest charged on loans to commercial banks, from 3.5% to 3%. Japanese officials also agreed to cut taxes and raise spending. These stimulative measures may boost demand for imports from America. The U.S., in turn, vowed to cut its budget deficit and to fight protectionist measures...
...prime mover in mounting the new talks. Congress and corporate leaders have put pressure on the Administration to stem the flood of imports into the U.S., which may produce a record trade deficit of $175 billion this year. Most members of Congress want to narrow that gap by imposing protectionist measures, which the President opposes...
...Candidate Geraldine Ferraro addressed students at the University of Wisconsin at Madison on the importance of adhering to liberal principles within the Democratic Party. And last December, Canadian Prime Minister Brian Mulroney selected the University of Chicago as the forum to drive home his views on the dangers of protectionist trade policies...
...support among Americans: 61% of those familiar with the bill before Congress think it will be good for the country -- although only 15% believe it will reduce their taxes and just 21% that it will make filling out tax forms any easier. The survey found that candidates who support protectionist trade legislation and tougher sanctions against South Africa are likely to win votes...