Word: slow
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Dates: during 1970-1979
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Capitol Hill has not been suddenly afflicted with laziness; the slow pace is calculated. Congress has received the message from the voters back home that they have had a surfeit of experiment and spending. They need a breather. Explains Byrd: "Congress this year is reflecting a general feeling on the part of the American people that there have been enough new programs." Echoes O'Neill, among the stoutest of liberals: "The public wants to cut the bloat out of Government." Montana's newly elected Democratic Senator Max Baucus sums up: "The country is tired of rules, regulations, statutes...
...plan to decontrol oil prices. Soon afterward presidential aides apparently changed Kahn's mind. Said Kahn: "I am now 100% behind the decision to decontrol. I always have been 49½% behind it." Then he told an AFL-CIO rally that failure of voluntary wage-price guidelines to slow inflation would lead to either mandatory controls or a recession. Powell had to make clear to reporters that the President disagreed and that Kahn was not signaling an imminent change in policy. Said a White House aide: "Kahn does a wonderful job, but he's too damn flip...
...situation. They engaged in some soul searching at a danish-and-coffee breakfast two weeks ago in Blumenthal's Treasury Department dining room. For instance, they criticized themselves for failing to follow through on policy decisions and for having talked for three months about ways to slow down the economy without agreeing on a set of recommendations for the President. Complained one adviser at the table: "We talk and talk and nothing happens...
...emergence into public life of two old foes of Deng: Secret Police Chief Wang Dongxing (Wang Tung-hsing) and former Peking Mayor Wu De (Wu Teh). This did not mean, however, that the Vice Premier was in serious political trouble. Rather, the probability was that Deng had to slow the hectic pace of modernization in order to secure the continued cooperation of his colleagues...
Customers in two dozen countries will soon be spending less than they ordinarily would for a wide variety of imports, ranging from cheese to autos, and that will help slow inflation. U.S. export sales should pick up for industries as diverse as hospital equipment, chemicals and data processing, creating more jobs. American farmers should get easier access for their goods abroad, helping to narrow the huge U.S. trade deficit...