Word: sams
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Dates: during 1980-1989
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Economist Sam Nakagama, chairman of the Manhattan-based consulting firm Nakagama & Wallace, suggests that the traditional business cycle may no longer be in operation. Reason: the removal a few years ago of many Government controls on interest rates has enabled the Federal Reserve Board to moderate swings in the economy. By letting interest rates move up and down more freely, the Fed has kept the economy from either overheating or stalling. Instead of going into a classic recession, says Nakagama, the economy has been pausing for short periods to catch its breath before moving to higher ground...
...like Reagan, to whom he bears some unexpected resemblances, he is a master at wrapping a deeply felt conviction inside a one-liner. And he is bad at firing anyone. His receptiveness to anybody who will join him can be ludicrous, as when he took a wrestler named "Silo Sam," who claims to be seven-foot-seven, along on several stops the day after he met him, accepting Silo's public endorsement at a Teamsters' meeting, along with Billy Carter's, as a sign of his support from "ordinary people...
...without being considered ignorant except by the ignorant: "We makin' what ain't nobody buyin'." More than most politicians, he has a sense of the absurd in a campaign, and cannot resist making jokes as well as history (as he proved during his surreal day with Silo Sam). Though he has resolved not to criticize other Democrats, an occasional mocking touch comes through. At last year's Congressional Black Caucus, the master of ceremonies did an elaborate dance to slip a little platform in front of the microphone each time Governor Dukakis came up to it to answer a question...
...with Howard Baker, all the Outsiders that the Democrats dream about getting to run with Dukakis are too intelligent to get involved in a national election. Mario Cuomo, Sam Nunn and Bill Bradley would rather remain darlings of the media than play the straight...
...Yale production stressed the dichotomy between Old World awareness of the burdens of the past and New World faith in the perfectibility of man. This is downplayed by the Broadway cast. So is the Soviet's seductive charm in comparison with his American colleague's priggishness. Sam Waterston makes the U.S. delegate appealing even when he is obsessive. This gifted but erratic actor hits a career high with a scene in which he reveals the personal strain of feeling responsible for the fate of mankind. As the Soviet, Robert Prosky has most of the more poetic speeches, but he looks...