Word: wanniski
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Dates: during 1990-1999
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...created. He starved the world of dollar liquidity from November 1996 onward, as he watched the price of gold fall from $383 to $285. Ignoring this sure sign of monetary deflation, Greenspan caused a crisis in every country that relies on commodity exports to earn a living. JUDE T. WANNISKI, PRESIDENT Polyconomics Inc. Morristown...
Enter eight reindeer, to the sound of sleigh bells. Supply-side theory, developed by Jude Wanniski and Arthur Laffer and passionately advanced by New York Representative Jack Kemp, held that sharp cuts in income taxes would actually increase government revenues by unleashing the pent-up power of the economy. Jobs and higher wages would explode like popcorn, from which higher tax revenues would follow, despite the lower rates. In no time, the supply-side theory went from being a disputed intellectual curiosity to being the unofficial doctrine of the party. It made possible a new, infinitely optimistic Republicanism, one that...
President Clinton was not the only politician facing a Cuban crisis last week. So was Steve Forbes. The Republican presidential aspirant continued to come under fire from conservative Cuban-American quarters in Congress for the "repugnant activities" of one of his top political boosters, economic consultant Jude Wanniski. In 1994 Wanniski made a friendly port of call to Havana in a private effort to market his famed supply-side capitalist remedies to top Cuban officials. Wanniski, then a Bob Dole booster, received a prompt letter of admonishment from the Senate leader ("I would appreciate being consulted..."). Though Forbes opposes Castro...
Under the influence of supply-side guru Jude Wanniski, Forbes argues on the stump that, as was the case between World War II and the late 1960s, "we must tie the value of the dollar to a fixed measure, such as gold, so that a dollar today will be worth a dollar tomorrow." He also argues that using the gold standard to fix the dollar's value vis-a-vis other currencies would boost world trade...
...long a devoted backer of Jack Kemp, having chaired Empower America, the refuge for conservatives like Kemp and Bill Bennett. Had Kemp entered the race, Forbes would be snug at home editing his magazine right now. But when the vacuum opened, Wall Street Journal writer turned political consultant Jude Wanniski, another New Jersey neighbor, faxed Forbes a memo late last spring about how it all could work. Forbes pondered...and pondered. He was very tempted, and very cautious, and so decided to do some market testing. Russo conducted no fewer than 14 focus groups in Iowa, New Hampshire, Arizona, South...