Word: signs
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Dates: during 1980-1989
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...TIME Board of Economists meeting in 1984, for example, he talked about the need for political leaders to hammer out a federal budget compromise behind closed doors. Said he: "The old smoke-filled room probably will have to be resurrected, even if it has a NO SMOKING sign...
...Miami Herald's stories about Gary Hart and Miami Model Donna Rice provoked intense debate about how far the press should go in reporting about the private lives of public officials. Last week brought the first clear sign that a new epoch is indeed aborning: the Cleveland Plain Dealer drew on unnamed sources to report that two-term Ohio Governor Richard F. Celeste, 49, has been "romantically linked" to three women other than his wife of 25 years, Dagmar. In the ensuing tempest, the Plain Dealer argued that the expose was justified because Democrat Celeste, although not a presidential candidate...
...sign of the change is that Volcker went along with a gradual reorientation of Fed policy toward pepping up economic growth. In 1986 the Reserve Board let the basic money supply grow at a 16% annual pace, far above Volcker's original target limit of 8%. That money spurt, along with the weakening dollar, has let inflation edge up this year and may have sown the seeds of future rises that could nullify part of Volcker's celebrated victory against spiraling prices...
...intermediate nuclear forces from Europe. Bonn's decision will permit NATO Foreign Ministers, meeting this week in Reykjavik, to give U.S. arms negotiators an unambiguous go-ahead for an INF agreement with the Soviets. Suddenly, the much-discussed superpower summit this fall -- at which Gorbachev and Ronald Reagan would sign an INF deal -- is beginning to look possible...
...Janice, who lives in Virginia, is a nurse. In a recent interview in the Washingtonian magazine, Volcker admitted, "It ain't quite fair to leave a family sitting out there ((when)) you obviously have the possibility of assuring a little more comfort than I have done so far." One sign that Volcker was ready to make major changes in his life-style came March 18: he gave up his trademark 28 cents Antonio y Cleopatra cigars because both his wife and a close friend had stopped smoking...