Word: short
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Dates: during 1980-1989
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...short, we could theoretically run $175 billion deficits forever without the national debt, relative to the economy as a whole, getting any bigger...
...calling for a peaceful protest this week unless the generals set up an interim civilian government, and there were reports that some monks had been arrested. A 9-p.m.-to-4-a.m. curfew is strictly enforced. Prices have risen by 100% or more on most goods. Gasoline is in short supply; filling stations are under armed guard, and buses are checked by soldiers to keep the drivers from selling their fuel ration on the black market...
...result, whether conscious or not, is certain to exacerbate the deadlock of democracy over the deficit. By producing a Republican President pledged to resisting new taxes and a Democratic Congress adamant about safeguarding Social Security and Medicare, the sad legacy of Campaign '88 appears to be another endorsement of short-term selfishness...
...penetrating vision to the key players and the larger issues. "The campaign may have seemed sour and petty," Isaacson says, "but we tried to find interesting ways to cover it." He points with special pride to a series of essays in which the magazine explored the issues that received short shrift from the candidates: health care, the underclass, homelessness, relations with the Soviets. The Grapevine section took readers behind the scenes for exclusive candid snapshots of the campaign. TIME also kept a close watch on the coterie of aides managing the candidates. "It was the year of the handlers," says...
These lines of reasoning have so lowered expectations for the Bush presidency that some Washington insiders are predicting the briefest honeymoon in history, a gridlock of indecision, even the inevitability of a one-term presidency. In short, President-elect Bush appears perfectly positioned to exceed expectations yet again...