Word: speedups
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...presidential commission continues its work, NASA's ambitious goal of launching 15 shuttle flights this year is bound to come under closer scrutiny. "There seems to have been a speedup policy at NASA," says Jerome Lederer, a former director of the space agency's office of manned flight safety, adding, "There are signs that complacency may have set in, and that is not good for safety." Insisted a NASA engineer: "We are being driven by a launch manifest, not hardware capability or concerns about anything else." NASA has in fact been pushing its contractors for faster delivery of shuttle components...
Volcker told the Senators at his reappointment hearing that the Federal Reserve is not overly concerned about the speedup in M1 growth, because it believes the rate of expansion is largely due to technical factors. Since June 1982, more than $34 billion has poured into interest-paying checking accounts, the so-called NOW and super-NOW accounts. The Federal Reserve argues that this development has distorted the M1 numbers and that money is really not growing as fast as statistics suggest. Some economists now consider M1 to be virtually meaningless. "It's a rubber yardstick," says Anthony Frank, president...
President Reagan, who as recently as three weeks ago refused to indicate his specific preferences for Social Security reforms, sent the panel a long-awaited, though faint, signal that helped win Republican support for the tax speedup. In a speech to the Commonwealth Club in San Francisco, Chief of Staff Baker said that the President, despite his "abhorrence" of tax increases, "might consider some acceleration" of the already scheduled payroll tax hikes in exchange for a slowdown in benefits. The statement freed congressional Republicans on the commission, who up till then had been in an impossible position: if they recommended...
...moment. Accounts of what Reagan and Begin did eventually say to each other differ somewhat. Haig and other State Department officials privately stressed indications of harmony; White House aides insisted that Reagan had pressed Begin hard to agree to a lasting cease fire in Lebanon and to a speedup in the autonomy negotiations...
...Moorish in their conspicuous lack of breathing things, these works give the feeling that their "characters" are really the pointed little white spots that move in geometrically predestined directions across an oversized etch-a-sketch board. The spots, typically upper middle class suburban or uptown New York spots, meander, speedup and decelerate as they course ineluctably through the turns Ultimately, the design ties itself off with a sudden bizarre crook--a child gets shredded by a ski lift, a husband is shot by his wife in a race around the living room or a fatal car crash occurs. Sometimes things...