Word: reasonable
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Dates: during 1980-1989
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...long ago, the U.S. steel industry was floundering in its worst recession since the 1930s. One reason: since the mid-1970s, global demand for steel has stagnated at about 475 million tons a year, but mills have been producing an average 700 million tons annually. The huge oversupply sent prices and profits into a tailspin. In the U.S. the years of reckoning were 1982 through 1986, when losses amounted to $12 billion...
...friends have considered probably every route. Most dismiss a return to Texas and another run for elective office. (Baker lost a 1978 race for Texas attorney general.) "That might get him the political base he needs," says Baker's son Jamie. "But it's risky. There's no reason he couldn't leave State near the end of Bush's tenure and work it from the outside...
...Salvador policy was undertaken hysterically. To a person, those who have worked with Baker say he mistrusts solutions offered at the top of one's voice, and has no faith in those who offer them. He listens respectfully to all comers, as if each speaker is the age of reason's local representative...
...nonsense. You state your views and support them, both as briefly and quietly as possible. Then you get out." Zoellick, who could have been White House domestic-affairs adviser, is one of a handful of Baker aides who turned down more visible posts elsewhere in the Administration. "The reason for that," says Margaret Tutwiler, who has been Baker's closest assistant for more than ten years, "is that ((Baker)) is loyal down as well as up. He seeks out strong-minded people and delegates considerable authority. In the end, he decides without agonizing and moves on. He doesn't postpone...
...about eliminating the allied embargo on "dual use" (civilian or military) technology sales to Moscow, a ban the allies imposed following the Soviet invasion of Afghanistan in 1979. Now that the Soviets are withdrawing, the Europeans are urging an end to the restrictions. Baker is aware that the proximate reason for the embargo will soon end, but rewarding the Soviets for ceasing activities they never should have begun seems less important to him than trading the embargo's end for further moderations in Moscow's behavior. Linking U.S. actions to future Soviet concessions is what the game is all about...