Word: scrap
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...Chrysler itself will cut operating expenditures by reducing its white-collar payroll by another 2,200 people, to 21,800. The company will also scrap plans to enlarge its front-wheel-drive production capacity for 1984. Iacocca said that these measures alone would cut costs next year by $575 million...
...Reagan pledge on which businessmen hope to see fast action is his vow to reduce Government regulation. He has already said he will scrap the failed Carter wage and price guidelines as soon as he takes office, and some expect him to proclaim a moratorium on the issuance of new rules by Washington's myriad regulatory agencies. Says W. Martin Dillon, chairman of Northwestern Steel and Wire Co. of Sterling, Ill.: "The biggest thing the Reagan Administration could do is just stay out of our hair...
...defense of SALT II's merits. Reagan responded by criticizing SALT II, but also promised to sit down with the Soviets for "as long as it takes" to get a real reduction in nuclear arms. He misleadingly denied Carter's claims that he had said he would "scrap" SALT II, that the U.S. should seek nuclear "superiority" and that nonproliferation is "none of our business." But he failed to make what could have been his most telling point: asking Carter why, if SALT II was so critical, had Carter done nothing for almost a year...
There is a political and historical irony in the positions of the two candidates on SALT II. Reagan proposes to scrap the present treaty and reopen negotiations with the Kremlin. His goal: a new agreement that would substantially reduce the Soviet arsenal of intercontinental missiles and thus blunt the danger of a surprise attack against the American rockets. Reagan hopes to induce the Soviets to go back to the bargaining table by threatening a new arms race...
...also resemble each other in personality. Gunter is feisty and blunt. During her years on the commission, Hawkins was a tart-tongued, self-styled "fighter," though she preferred to describe herself as a "Maitland housewife." But as accustomed as they are to a good scrap, the two candidates have so far kept the gloves on. Both tirelessly remind voters of their records and promise to focus on pocketbook issues in the Senate. Standing in a drizzle in downtown St. Petersburg last week, Gunter told an elderly crowd that he would fight for improvements in Medicare and for banning all mandatory...