Word: slowdown
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...ministers in Western Europe, Weinberger jumped into the budget wars after all other departments and the President had tentatively agreed to slash a painful $34 billion next year from what is now spent on domestic programs. In a series of White House meetings, Weinberger at first argued against any slowdown in the military buildup, then suggested that it was up to others, not him, to find soft spots in the $333.7 billion he wants Congress to authorize for fiscal 1986, which begins next October. Finally, he offered some bookkeeping savings of $6 billion that would leave all weapons development...
Regan tried to parry Weinberger's counterattack at a breakfast meeting with reporters. The Treasury Secretary noted that by next year there will have been five straight years of sharp military increases, and he contended that "a slowdown in the rate of growth wouldn't do irreparable harm to our ability to defend ourselves." Added Regan pointedly: "The economy of the country is almost as important as our defense against outside enemies, and with these huge deficits we could be in danger of losing our economy...
...board's optimistic forecast, made in the face of a slowdown that chopped third-quarter growth to an annual rate of just 1.9%, noted the absence of such traditional preslump signals as climbing inflation and badly shaken consumer confidence. On the contrary, prices continue to hold steady and shoppers have been in a fairly good mood. The Commerce Department reported last week that November retail sales were up 1.8%. That early Christmas-season gain, the healthiest monthly increase since April, helped allay retailers' fears that holiday buying would be weak. Other key indicators showed that November industrial production...
...itself from other pressing medical controversies, like abortion, because it creates a competition that entails the somewhat morbid prospect of the buying and selling of organs, and thus lives, for profit. The "limited capacity" scenario allows for "retrospective review," i.e. hindsight, because it slows down transplant technology. However, this slowdown could actually limit the possibility of resolving the competition by removing the constraints--by developing the technology so that organs are plentiful, and the operation is cheaper. By legislating organ transplants out of its funding, the state would clamp down on the free development of the technology that makes those...
Unfortunately, the antidotes most likely to cure the nation of its deficit ills--a slowdown in military spending and increased taxes--are the the remedies the President is least willing to prescribe. When Administration spokesmen said that in the current budget everyone's ox would get gored, they omitted to mention the sacred cow defense, now tentatively pencilled in for a $42 billion spending increase...