Word: undoing
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...referred to the U.S. as "the last best hope of man on earth," and recounted the evils of Big Government as if he were still the outsider challenging the federal system. In Nashville he bristled at charges that he is reactionary, insisting, "Our goal is to undo the damage of the big-taxing, big-spending policies that have put average Americans ... into the financial bind they feel today...
...Pentagon procurement are perhaps the most worrisome element of the big Reagan buildup. Inflation has been coming down sharply in recent months, and last week the Labor Department reported a drop of .1% in. producer prices during February, the sharpest decline in six years. Surging defense spending could undo much of that progress...
...often before when confronted with decisive American action, the Soviets began to pull back. Late in the day Dobrynin reiterated his leaders' hope that we would not undo all that had been accomplished. "We will not under any circumstances let détente be used for unilateral advantage," I said. "Don't think we will accept a military setback in the Middle East...
...remedy for the current economic problems. For 20 years the U.S. has suffered from stop-go policies. As soon as unemployment started to climb, the battle against inflation ended. Then when prices began to jump, policy was reversed again. Said Feldstein: "The greatest danger is that we panic and undo all the gains we have achieved in reducing inflation and easing the burden of excessive federal spending...
...quite a turnabout. First, Ronald Reagan reversed a policy established by Congress, the courts and three previous Administrations, by revoking an Internal Revenue Service rule barring tax-exempt status for racially segregated schools. When the inevitable uproar ensued, the President backpedaled by proposing a law to undo what he had just done. Reagan insisted that he was firmly opposed to racial bias; his only concern, he said, was with a procedural principle-the belief that Congress, not the IRS, should exercise control over such rulings. The awkward performance raised serious questions about Reagan's haphazard policymaking apparatus as well...