Word: tactical
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...Volcker. As the nation's central bank, the Federal Reserve regulates the availability of both money and credit in the economy, which helps determine the level of interest rates for borrowers and lenders alike. In October 1979, the Fed announced that it was scrapping its traditional inflation-fighting tactic of trying to regulate overall economic activity by manipulating interest rates within a narrow and relatively low range. The bank decided instead to attack the problem more directly by curbing the growth of the money supply itself...
...Carneiro braved catcalls in the National Assembly to speak out for freedom in the dying days of Portuguese dictatorship. Intolerant of criticism in office, however, he drifted rightward. His campaign for Soares Carneiro was based on a threat to resign as Prime Minister. Justifying such a potentially destabilizing tactic, Sá Carneiro said: "Up to now, I have always gambled and always won." Last week, his luck...
...Budget Committee, tacked a 2% across-the-board spending cut onto a final budget resolution. If passed, it will put Reagan in the position of having to decide just where to cut when he comes into office instead of taking his time or perhaps adopting a different budget-cutting tactic. Warned New York Republican Barber Conable, who will probably be a highly influential Congressman in the new House: "Beware of Greeks bearing gifts. If the Democrats want to rush through Ronald Reagan's programs, we should check the fine print...
Pressure for a greater role in space is also coming from the military. Fearing Soviet strides in the development of killer satellites and other threatening products of space technology, the Pentagon is looking for new ways to meet this challenge. One tactic has been to tap the resources of such places as J.P.L. Says Pentagon Research and Engineering Chief William Perry: "The Russians regularly build more tanks and planes than we do. The only option open to us is exploiting our technological advantages. An area of tremendous advantage is space...
...only wants to ensure that union representatives receive permission from supervisors to go to meetings during working hours. Bonislawski responded by saying, "If you have a supervisor who doesn't let you off duty, then a union representative can't do the job. It's a typical union-busting tactic...