Word: sides
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Dates: during 1980-1989
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Symbols all. But something else was going on last week, something of substance and paramount importance: the beginning of what may be an exquisitely orchestrated retreat. The flip side of "kinder, gentler" is embodied in Bush's famous campaign pledge, "Read my lips: no new taxes," a politically expedient stance that helped him win election and now threatens his ability to govern successfully. "Backing off that promise could destroy his presidency," says a senior Administration official. "But we'll probably have to do just that. How we do it without making the President out to be a liar...
Knowing that Republican conservatives didn't trust him, Bush wooed them assiduously. Sometimes his obsequiousness was comical: until confronted with taped evidence, Bush denied having said Reagan's supply-side nostrums represented "voodoo economics." Sometimes it was dispiriting: Bush changed his positions on issues like abortion and the Equal Rights Amendment in order to conform to Reagan's views. His most blatantly fawning behavior, like saluting Jerry Falwell ("America is in crying need of the moral vision you have brought to our political life") and praising William Loeb, the New Hampshire publisher who had belittled him, caused critics to wonder...
Such new scenarios have arisen largely because real events so often confounded the old ones. Supply-siders, for instance, boasted that their policies would boost the U.S. savings rate and make Americans more productive. But, like the supply-side forecasts of smaller deficits, both promises failed to come true. The personal savings rate fell from 7.1% in 1980 to about 4% last year. At the same time, the growth of business productivity, or output per hour, averaged a meager 1.4% from 1980 to 1987, half the rate of the 1960s. Reason: the savings decline slowed investments in productive new equipment...
Education was a high priority for his parents, both graduates of Howard University. His ability to glide effortlessly between different worlds was enhanced when he began taking the bus from Harlem to the Upper East Side to attend white schools. "When I was young," he says, "making white friends was no problem." At Middlebury he helped pay for his education by joining ROTC...
...briefs have been filed by trade associations, whose members include I.B.M., Procter & Gamble and Dow Chemical, as well as publishing companies such as the New York Times Co., Time Inc. and the Hearst Corp. Reid has also managed to attract some influential supporters. The Justice Department has taken his side, as have two coalitions of artists who are worried about losing the rights to their artwork...