Word: term
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Dates: during 1970-1979
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Even if the Carter Administration could find ways of making sanctions against Iran stick, they would have little effect over the short run. Concludes Harald Malmgren, a respected international economist and consultant in Washington: "The U.S. near term leverage is simply less than it appears. No matter what the U.S. does economically, Iran can make this thing drag on for many more months to come...
...those who judged that the U.S. President did not have the old-style clout. Then came the October weekend when he decided to let the Shah of Iran come to the U.S. for medical treatment. He had little notion that he was about to enter the world of short-term discretionary power...
...exhausted. At a victory party, she clutched a ginger ale and complained: "I've got a stomach- ache." She faces some daunting problems: the need for cuts to make up a projected deficit of $117 million and balance the budget, as required by law. But her four-year term will begin with a honeymoon -literally. In January, she will marry Investment Banker Richard Blum, who has been her unofficial political adviser for the past year...
...Republican trying to become the Governor of Louisiana, David Treen, 51, faced an electorate that was 95% Democratic. What was more, no Republican had been elected to the office since Reconstruction. But last week the four-term Congressman defeated liberal Democrat Louis Lambert...
...Unfortunately, it was not as simple as it seemed. Crosbie's budget called for whopping tax increases on gasoline, heating oil and alcohol, and a 5% surcharge on corporate taxes. The gasoline tax alone would be increased from 7? to 25?. Explained Crosbie: "It is short-term pain for long-term gain. That...