Word: switches
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...most surprising change was a straight switch in jobs between James Baker III, 54, the President's smooth, politically savvy chief of staff, and Donald Regan, 66, the blustery, hard-driving Secretary of the Treasury. After four grueling years in the White House, Baker had yearned for what he called "a less fast track." With the huge budget deficit and an ambitious tax- reform proposal dominating the domestic agenda, he had decided that Treasury, while less of a pressure cooker, "is where the action will be." Regan, former president and chairman of Merrill Lynch, had long eyed Baker...
...Baker's switch to Treasury is much less risky and seems destined to have less impact on the Reagan presidency than Regan's move to the White House. The Texan arrives with scarcely any background in his new field--he was an Under Secretary of Commerce in the Ford Administration--but his confirmation ) hearings should prove a breeze. He relies heavily on his astute aide, Darman, who will be the second-ranking officer at Treasury. While deficit reduction remains the top priority on the agenda of both the Administration and Congress, Baker sees genuine historical opportunity in responding...
...weeks ago Deaver cleared the way by announcing his own imminent return to private life. Last Monday he took the switch proposal to the President. Observed Reagan: "It's fascinating. A fascinating idea." Reagan quickly called in Regan, then Baker. He told them that he needed to sleep on the proposal, but in fact he had already made up his mind. Said he to Deaver that day: "They both like the idea, and so do I." The President disclosed the well-kept secret personally on Tuesday morning, with Regan and Baker at his side, and found that he had given...
...news. "It seems logical once you get over the first surprise," ventured Indiana Republican Richard Lugar, chairman of the Senate Foreign Relations Committee. "It's something I wouldn't have thought of," said Senate Majority Leader Robert Dole of Kansas. "But it turns out it's a good switch...
...side guarantees a devastating counterattack. Star Wars, argues McFarlane, would obviate the need for this balance of terror. Says he: "You would move away from a strategy based on the ability to threaten with offensive power to greater reliance upon systems that don't threaten anybody." A switch from offensive to defensive deterrence would indeed be a radical change, but not necessarily for the better. Since it is hard to imagine a leakproof nuclear umbrella, each side would still be vulnerable to a first strike. Moreover, each would have to worry about the other's achieving a decisive advantage...