Word: strategists
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Dates: during 1980-1989
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...There's a lot of political savvy around at the top," says IOP Fellow David R. Gergen, the President's former director of communications. Returning to call the plays as campaign chairman is Sen. Paul Laxalt (R.-Nev.), the person on Capitol Hill closest to Reagan; the chief strategist and campaign manager is Ed Rollins, a former Oakland Raider and assistant to the president for political affairs in the White House. The Reagan team also managed to grab consultant Stu Spencer, the premier political tactician who gave President Gerald Ford's 1976 campaign the only real intellectual power it ever...
...There's a tough situation ahead of us," admits one Republican National Committee strategist, Ceci Cole. "Our incumbents are vulnerable and half of the Democratic incumbents are from bedrock Democratic states...
...Goldman, Sachs strategist believes Congress and the Administration would have to move to slash some $50 billion from the roughly $200 billion federal deficit to reignite the market rally. His opinion: "I think people are through overlooking the deficit problem." For now, Cooperman expects the Dow Jones average to dip as low as 1050 before the current decline ends. That drop would represent a nearly 20% fall from the indicator's November peak. Says Cooperman: "That would not be unusual in the context of a bull market correction...
...National Organization for Women all support him. So do Tip O'Neill, Robert Strauss, perhaps 100 members of the House, New York Governor Mario Cuomo, Massachusetts Governor Michael Dukakis, San Francisco Mayor Dianne Feinstein, Los Angeles Mayor Tom Bradley, Detroit Mayor Coleman Young. Concedes a top strategist: "The worst Pollyanna in our bunch wouldn't have been able to predict last December that we would be in this position...
Such talk stunned the stock market, which has been backsliding for a month. On the day of Regan's remark, the Dow Jones industrial average plunged 24.19 points, its biggest one-day drop in more than 15 months. Observed William LeFevre, a market strategist at Purcell, Graham, a New York City investment house: "Wall Street is saying this do-nothing attitude about the deficit can't go on. Investors have lost confidence in the Administration's ability to deal with its fiscal affairs." Since the Dow hit a peak of 1286.64 in early January, the market...