Word: term
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Dates: during 1970-1979
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...presidential popularity-from a peak of 75% of those queried by the Gallup poll approving his handling of the presidency in March 1977 to only 44% approving this May. With growing frequency, Washington insiders speculate that Jimmy Carter may in fact occupy the White House for just one term...
...come familiar as the local grocer's. What may have been entertaining idiosyncrasies, like Truman's salty language, Eisenhower's chronic golfing and Carter's reflexive grin, can become slightly irritating. No longer larger than life, as on the triumphant eve of Inauguration, the mid-term President starts looking all too vulnerably human...
...noteworthy lapses of judgment, especially about people. His intense loyalty to his staff makes him reluctant to fire those who may have served him well in his campaign but have demonstrated limited ability at the national level. (No Administration in recent memory has been so close to the mid-term mark with so few significant personnel changes as Carter's has.) Finally, his deep moralism and evangelistic background at times seem to have persuaded him that it is enough to preach the good word or introduce the good program without having to follow through with hard political pressures...
...made, and it will be a few more months before we know whether the medicine suffices. There is a feeling in Washington that these are crucial months, that the White House has a limited time in which to recover if Carter is not to be a one-term President. Carter's aides insist that he feels neither panic nor despair, that he is simply determined to pursue his policies more effectively and energetically than before, believing that sooner or later this will pay off. The President still has his sense of humor, more of one than he is generally...
...reforms was to abolish the capital gains levy and tax the profits from long-term investments as ordinary income. This income is now taxed at up to 70%; capital gains are taxed at a maximum of 49.1%. Carter contended that his reform would permit the maximum ordinary rate to be cut to 50%, and that the impact on investors thus would be minimal. Overall, the Administration said its reforms would mean substantial tax cuts for those earning less than $20,000 annually and tax increases only for those earning more than...