Word: steined
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This Week: 4/14 @ Brown (Stein Trophy...
...ship more than three tunes as many personal computers this year (an estimated 2 million) as it did in 1983, many of the 1,400 dealers who carry the new PCjr have yet to sell even their initial 25-machine allotments. "Inventory is beginning to pile up," says Alexander Stein, an analyst with Dataquest, a California research firm. Says one New York City dealer: "A Cabbage Patch doll...
...surface at the festival, it could seem as out of place as a punk in an Amish Sunday school. John Patrick Shanley's Danny and the Deep Blue Sea sets a couple of urban pit dogs-a Bronx hoodlum (John Turturro) and a vagrant young mother (June Stein)-at each other's throats with coarsely romantic results, but the conclusion is too optimistic to be quite convincing. The Undoing, by William Mastrosimone, offers promise of a fascinating character: a woman (Debra Monk), now running her late husband's poultry business, whose rage is so pure and carnal...
...Stein, who claims to have coined the phrase "supply-side" economics, derisively calls the theory "the economics of joy." It was never possible, he says, to cut taxes, boost defense spending and lower the budget deficit all at the same time. Moreover, "there had been no radical Reagan revolution. Total taxes and total expenditures were still as large as ever, relative the G.N.P. and there was no prospect of any significant reduction for years ahead...
What is needed, Stein argues, is to restrain inflation and reduce the budget deficit through measures like raising the amount of revenue collected from middle-income taxpayers. Stein knows, however, that any consensus for such programs will be hard to reach. He concedes, "The best policy for most is unlikely to be the best policy for all, and those who would lose from the best policy may be able to prevent its adoption...