Word: weakens
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Washington is wondering how long Stockman can keep "it." Reagan's trust in his lightning rod could weaken if it is struck too often. In the budget battles that lie ahead, what could damage Stockman most is his determination to be more of a Reaganite than Ronald Reagan...
...reserves and private stocks of oil-managed internationally, for the first time-would ease the threat of Middle East embargoes by allowing allies to draw down stocks. A "disruption tariff," imposed the moment imports seemed threatened, would steel U.S. consumers and muffle and embargo. Diversifying Western imports would also weaken its impact. Standby lines of credit for importing nations would ease inflation's increase in the aftermath of a cut-off. And coordinated international demand restraint and stockpile sharing, run by an effective international agency, would spur consumer solidarity against OPEC and equalize Western suffering...
...they seek détente with the West in the form of trade, arms control agreements and cordial political atmosphere-as long as these goals can be achieved without compromising what the Soviets see as their security interests. Second, they are always looking for-and frequently finding-ways to weaken and distract Moscow's main adversaries, the U.S. and China. And third, once they have decided that the Soviet Union's vital interests are threatened, they exert force massively, without compromise or vacillation...
...seem comparatively trifling. Inflation is on the rise, yet still only 5.3%; unemployment is just 3.8%. But these numbers will worsen next year when the growth rate, now a feeble 2%, is expected to drop to almost zero, as rising prices for imported oil and increased foreign competition weaken the heavily export-based economy. The balance of payments deficit, which was $1 billion in 1979, will probably balloon this year to $20 billion, which would be the highest of any industrialized nation. West Germany has also accumulated a national debt so large-it now totals $231.8 billion -that it became...
...been worried that the final, perhaps insurmountable obstacle to a settlement might be the refusal of the militants to obey the Iranian government and perhaps even Khomeini himself. There was also concern that Communists involved in the siege, perhaps including Soviet agents, would block any solution in order to weaken the Islamic regime and pave the way for a leftist takeover of Iran...