Word: truman
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...hundred days is a long time, and although the presidential progress report serves as a general gauge for the direction of the country, most administrations don't achieve (or suffer) their greatest milestones until later. The 9/11 terrorist attacks, the Lewinsky scandal, Truman's decision to drop the atomic bomb - they all fell outside the 100-day mark. Kennedy's deft handling of the Cuban missile crisis outweighed a number of disasters (Bay of Pigs) and minor setbacks (Russia's first-man-in-space triumph) that marked his first 100 days. And while Nixon's presidency started off smoothly...
When Acco Brands, an office-supply company that makes products like Swingline staplers, imposed a massive 47% pay cut for six weeks, it established an emergency-loan program for employees who couldn't make ends meet on a shrunken paycheck. "It impacts standard of living," says Truman Bewley, an economist at Yale who has studied the ways companies cut back during recessions. "People don't quickly forget...
...that light, the staffing woes look particularly bad. Treasury isn't empty - Ted Truman, a former assistant secretary for international affairs, started last week, and Lee Sachs and Gene Sperling, top officials under Bill Clinton, have been on the job for weeks. But in the midst of an economic crisis, the demands on staff are so great - work frequently goes all night and during weekends - that a lack of bodies and minds more than looks awful: it's irresponsible...
...Harry Truman is a classic example of someone who was widely scorned at the time. It took 30 years for Truman to be appreciated, as a contrast to the artifice, theatricality, and in some cases mendacity associated with the presidency during Vietnam and Watergate. All the sudden he came to be seen as the real deal...
...only to review the recent tally of Bill Clinton's postpresidential earnings to see how things have changed. But making money has seldom been any former President's chief goal; making, or remaking, history is - and it's only partially within a President's power to achieve. Truman now ranks among our top Presidents, but the peaceful end of the Cold War sure helped. Jimmy Carter has climbed from 34% to 64% approval since leaving office, but more out of respect for his humanitarian work than reconsideration of his presidency. "I don't expect many short-term historians to write...