Word: reductionism
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Dates: during 1990-1999
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Q. A lot of the election is or should be around another aspect of the economy, deficit reduction. Isn't Senator Tsongas right when he begins to talk about the possibility of cutting entitlement programs?
Brown has made no pretense of matching the highly detailed economic plans that Clinton and Tsongas debated last week. The two candidates were in accord that national policy must shift drastically away from consumption toward investment in industrial innovation. They concurred that the Federal Government must play a large role...
Clinton forcefully disagreed, declaring that his meld of tax cuts and his "laundry list" of targeted investment incentives would promote manufacturing while still "helping families raise their children and investing in education and training." He also suggested that Tsongas was proposing merely an updated version of Reaganomics. At times sounding...
During the last half of the 1980s, Japanese companies based much of their expansion around the world on the wildly inflated values of the Tokyo Stock Exchange and Japan's frenzied real estate market. Now both those markets have collapsed. And with long-term interest rates up from 5% to...
Then a suddenly bellicose Tsongas attacked Clinton personally as a "cynical and unprincipled politician," a "pander bear" eager to promise everything to everyone. Jetting around the South, Clinton told reporters at a late-night press conference in Nashville that Tsongas was the real panderer, with Wall Street the prime beneficiary...