Word: technocrats
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DIED The man many republicans blame most for George H.W. Bush's reneging on his "Read my lips: no new taxes" pledge was Bush budget chief Richard Darman. As a top aide to Ronald Reagan, he was both an intellectual and a savvy technocrat. Yet the economist could be stubborn. After persuading Bush to reverse himself to reduce the deficit?a move that deeply damaged voters' trust and one that Bush called his biggest mistake?Darman maintained the error was tactical; the plan had just been badly presented. "I'm a long-term idealist and short-term realist," he said...
...graduate of the Business School, said that Thain’s skills were well suited to maneuver Merrill Lynch out of the sub-prime mortgage crisis that has plagued financial firms across the country in recent months. Thain has gained a reputation as a cordial, perspicacious technocrat who rose to serve as a co-president of Goldman Sachs and revived the ailing New York Stock Exchange. Merril Lynch reported an $8.4 billion loss in securities and bad loans last month. Thain was deeply involved in establishing the then-booming mortgage bond business while he was at Goldman Sachs...
...election nears, Seidel is banking on the fact that voters understand the issues and are willing to pick a quiet technocrat with two advanced degrees. He’s confident that voters understand the changes taking place in Cambridge, and that they will demand an entirely new set of answers—and people...
...Arroyo was supposed to be a refreshing change from Estrada, a former movie actor. A U.S.-educated economist, and the daughter of a former Philippine President, Arroyo presented the image of a competent, if comparatively uncharismatic, technocrat. Indeed, the Philippines has made considerable economic strides under her stewardship, posting 7.5% GDP growth last quarter - the highest in 20 years - and paying down a massive government deficit. Arroyo's government has attracted millions of dollars in foreign investment - no small beer for a country where political instability and a crushing debt load have often made investors wary. Arroyo has also made...
...nominee will have to unite all the ornery wings of the party. With that in mind, they cite not only Romney's strong family values and faithful recitation of the conservative gospel - no new taxes, no gay marriage, no abortion. But also, in an appeal to the business and technocrat wings of the party, they point to his record as founder and CEO of Bain Capital, his management of the Salt Lake City Olympics and track record as a turnaround artist. "That kind of experience," DeMoss wrote, "convinces me Mitt Romney could lead, manage and govern America during a critical...