Sit back and put your feet up, as this is a long one. Generally, I find a dozen or so articles: This installment includes 29, and that's after I cut a bunch.
One thing I noticed, and this is after running this weekly series for more than six months now, is how the tone of the press has rather abruptly changed during the summer of 1991. The post-Gulf War glow was gone, and the glaring deficiencies of the Administration laid bare. Before this week, I didn't think I'd be feeling much deja vu in that department. I guess stranger things have happened...
U.S. RAISES ESTIMATE OF '92 DEFICIT
SHORTFALL TO HIT $348 BILLION
John M. Berry, Washington Post
July 16, 1991
The Bush administration yesterday raised its estimate for next year's federal budget deficit by nearly $70 billion, to $348.3 billion, by far the largest in the nation's history.
The expected surge in the fiscal 1992 deficit is due to a combination of factors: the escalating cost of shutting down failed savings and loan institutions and commercial banks, an unexpected shortfall in tax revenue and a big swing in military spending related to the Persian Gulf War, according to the...
RE-ESTIMATE OF DEFICIT IS FAULTED
DARMAN STILL UNSURE OF TREASURY'S FIGURES
Eric Pianin, Washington Post
July 18, 1991Call it the $128 billion "oops."
When the Bush administration released its midyear budget review on Monday, it said estimated tax revenues for the next five years would be substantially lower than it had earlier projected. The change, the report said, was due to "technical re-estimates," but the effect was to substantially boost projected budget deficits.
Yesterday, Office of Management and Budget Director Richard G. Darman told a congressional committee that the ....
STATE DEPT. SEES NO PROBLEM IN GLASPIE'S CABLES ON SADDAM MEETING
John M. Goshko, Washington Post
July 16, 1991Faced with charges of misleading Congress, the State Department plans to argue there is no significant discrepancy between Ambassador April C. Glaspie's secret cables about her two-hour meeting with Iraqi President Saddam Hussein last July and her later testimony to the Senate Foreign Relations Committee.
"The traditional way of writing a diplomatic cable about an ambassador's meeting with a foreign leader is to emphasize what the leader told the ambassador rather than the...
BUSH CHANCES IN '92 GOOD, POLL SHOWS
BUT BIPARTISAN SURVEY SUGGESTS DEMOCRATS COULD WIN BACK MIDDLE CLASS
E.J. Dionne Jr., Washington Post
July 19, 1991In an unusual bipartisan approach to political analysis, Republican and Democratic polltakers teamed up yesterday to offer a portrait of the American electorate that was extremely encouraging about President Bush's reelection chances but suggested that a populist campaign on behalf of the nation's middle class could give Democrats a chance.
While the two polltakers -- Ed Goeas, a Republican, and Celinda Lake, a Democrat -- disagreed on many points in their analysis of their joint...
CALIFORNIA RAISES TAXES ON THE WEALTHY
WITH SOLID DEMOCRATIC SUPPORT, WILSON CLOSES RECORD BUDGET GAP
Lou Cannon, Washington Post
July 18, 1991With Democrats solidly behind Republican Gov. Pete Wilson, the California legislature has closed the largest budget deficit in the history of any state by voting to raise taxes on the wealthy.
Wilson, who signed budget legislation 16 minutes before a midnight deadline, said today he found the tax increases "distasteful" but declared there was "a requirement of law and logic not to paper over the deficit" with accounting gimmicks or further spending cuts....
IRAQ GIVES U.N. INSPECTORS NEW LIST OF NUCLEAR FACILITIES
Nicholas Phythian, Reuters
July 15, 1991Iraq, accused by Washington of lying to conceal a secret nuclear weapons program, gave a team of U.N. inspectors a new list of its nuclear facilities today, Dimitri Perricos, chief inspector of the team, told reporters.
He said he was not in a position to say whether the list -- along with two previous declarations -- represented a complete account of Iraq's nuclear facilities and equipment.
"We asked for certain information, and information is being given. The information now...
SENATE PANEL QUESTIONING GATES'S CIA EX-ASSOCIATES
Walter Pincus and George Lardner Jr., Washington Post
July 15, 1991The Senate intelligence committee has resumed private questioning of former associates of CIA director-designate Robert M. Gates in the wake of last week's disclosure of CIA complicity in a coverup of critical parts of the Iran-contra affair.
The panel may return to some agency officials its staff has already questioned and, in addition, interrogate CIA personnel who were not called during the 1987 congressional Iran-contra investigation but have direct knowledge of Gates's...
AN ECONOMY GOING NO PLACE
Hobart Rowen, Washington Post
July 18, 1991
At the very moment that President Bush joins other world leaders in trying to teach the Soviets the virtues of free-market economics, things are falling apart in America. Gorbachev has to be wondering whether he's getting sound advice...
TWO REPORTS BOOST HOPE OF REBOUND: INFLATION GAIN MODEST
HOUSING STARTS SURGE
Dave Skidmore, Associated Press
July 18, 1991Consumer prices rose modestly while housing construction surged in June, the government said yesterday in reports indicating the economic recovery was on track with few inflation worries present.
The Labor Department's consumer price index was up only 0.2 percent after a 0.3 percent rise in May. A decline in energy costs helped offset a gain in fruit and vegetable prices.
Some analysts said they were concerned because prices outside the volatile food and energy categories rose 0.4...
CEOS GET A BIGGER PIECE OF THE PIE
AVERAGE BASE PAY FOR TOP EXECUTIVES AT 60 AREA COMPANIES NEARLY $700,000 IN '90
Mark Potts, Washington Post
July 15, 1991There may be a recession on, corporate profits may be down, but top executives' billfolds continue to bulge.
Chief executives at 60 firms selected from the Washington area's largest publicly owned companies and financial institutions took home an average of $697,899 in base pay and salaries in 1990, compared with $664,378 in 1989, according to a survey by The Washington Post.
Add in long-term compensation such as stock options and the average in 1990 was $1,147,212, compared...
HIGH-RANKING EPA OFFICIAL TO JOIN LOBBYING FIRM
Jennifer Caspar, Washington Post
July 15, 1991After 9 1/2 years working for the Reagan and Bush administrations, Charlie Grizzle is going private.
For 2 1/2 years he has been a top-level presidential appointee in the Environmental Protection Agency, and for seven years before that he was in the top ranks of the Department of Agriculture. Next month, 42-year-old Grizzle, who also is active in the Republican Party, will join the Jefferson Group, a District-based government relations firm, as a senior vice president...
FED REPORT SETS STAGE FOR DISPUTE OVER GROWTH
CENTRAL BANK TARGETS SLOWER RECOVERY, LOWER INFLATION THAN ADMINISTRATION
John M. Berry, Washington Post
July 17, 1991The Federal Reserve has set the stage for a continuing election year argument with the Bush administration over interest rates by aiming for slower economic growth and lower inflation in 1992 than the administration is seeking.
Federal Reserve Chairman Alan Greenspan said yesterday that he expects a "robust" recovery now that the recession has ended. But after an initial rebound by the end of this year that will make up the economic ground lost during the slump, Greenspan said the
AN INSIDE-THE-BELTWAY TIFF OVER GAS
BRIEF OMB LETTER SPARKS UPROAR AMONG AGENCIES, CONGRESSMEN
Thomas W. Lippman, Washington Post
July 16, 1991It's one of those "only in Washington" fights. A seemingly obscure issue that involves big money and big egos, pitting western natural gas producers against northeastern consumers, U.S. producers against Canada, the Office of Management and Budget against the Energy Department and senior congressional Republicans against each other.
And it all began with one brief sentence in a letter from Robert E. Grady, associate director for natural resources at OMB, to Sen. Pete V. Domenici...
CENSUS WILL NOT ADJUST FOR UNDERCOUNT
COMMERCE CHIEF CALLS ORIGINAL FIGURES 'MORE ACCURATE' BASIS FOR AID
Barbara Vobejda, Washington Post
July 16, 1991Commerce Secretary Robert A. Mosbacher announced yesterday he would not adjust the 1990 census figures to compensate for an estimated undercount of 5.3 million people, saying the original headcount is a more accurate basis for redistributing political power and billions of dollars in federal aid.
Mosbacher's decision, which rejects the pleas of big-city officials and the advice of ranking Census Bureau officials, ends months of speculation about which of two sets of numbers would become...
LEADERS GLOSS OVER RIFTS, SEE SIGNS OF ECONOMIC UPTURN
Steven Mufson, Washington Post
July 18, 1991Leaders of the major industrialized countries, despite continuing sharp differences over trade policy, united today in hailing "increasing signs of economic recovery," especially in the United States.
But the Group of Seven leaders urged lower budget deficits in order to generate savings needed to meet the growing demands for worldwide investment. This note of caution was directed largely at the United States, two days after it raised its federal budget deficit projections in an ...
FDA CHIEF DISPLAYS THE ART OF AVOIDANCE
Malcolm Gladwell, Washington Post
July 18, 1991Food and Drug Administration Commissioner David A. Kessler bobbed and weaved his way through the first major political bout of his brief tenure yesterday, deflecting close to three hours of questioning on Capitol Hill.
Asked to comment on proposed legislation to beef up FDA's enforcement authority -- a subject he and his agency have in the past outspokenly favored but which the White House early this week decided it didn't like -- Kessler shrugged and sidestepped query after query,...
US PANEL HEARS RECESSION WOES
Associated Press
July 16, 1991SPRINGFIELD -- Business and labor leaders, economic specialists and area residents told a US Senate hearing on the recession yesterday that happy days aren't even almost here again. Sen. Edward Kennedy, chairman of the Labor and Human Resources Committee, listened to a litany of unemployment, losses and foreclosures during the two-hour hearing at a local job-training center. The Bush administration " keeps talking about how we're growing out of the recession, about how hope is...
DEFENSE STUDY CITES FLAWS IN GULF WAR EFFORT
Fred Kaplan, Boston Globe
July 17, 1991WASHINGTON -- A Pentagon report released yesterday praised the US military's performance in the Gulf War, but also found flaws -- in communications, intelligence and even a few weapons systems -- that might have caused serious troubles had Iraq been a more challenging enemy.
For example, the US Army's M1A1 tanks destroyed hundreds of Iraq's Soviet-built T-72 tanks, often on the move, from a range beyond the T-72's detection and without being damaged by a single Iraqi...
SUMMIT TABOO: JOBLESSNESS
Jim Hoagland, Washington Post
July 18, 1991The presidents and prime ministers, the journalists, messengers and chauffeurs who bustled through the Group of Seven economic summit here this week had one thing in common: They all had jobs. So the subject of unemployment got short shrift from all of them.
Unemployment is the biggest cloud on an uncertain global economic horizon, as well as a searing personal agony for tens of millions of Americans and Europeans. Yet the Great and the Good -- the leaders of the seven industrial democracies...
COURT: MILITARY CAN ORDER DRUG USE
Associated Press
July 17, 1991WASHINGTON -- Military authorities had the right during the Gulf War to order soldiers to take unapproved drugs if needed to counter Iraqi biological or chemical weapons, a US appeals court said yesterday. By a 2-1 vote, the court upheld the dismissal of a lawsuit by an unidentified soldier and his wife. The couple had argued that the military must obtain the informed consent of individual service members before using the drugs.
OTHER FISCALLY STRAPPED STATES STEERING A DIFFERENT COURSE
Robert L. Turner, Boston Globe
July 18, 1991CHARLOTTE, N.C. - Each state does it in its own way. North Carolina retailers scrambled Tuesday, adjusting their cash registers to collect more sales tax -- a change approved during a weekend session in Raleigh only three days before.
One newsdealer in Asheville said she was still taking 5 percent Tuesday morning, but expected to be collecting at the new statewide rate of 6 percent by nightfall.
Bush I actually did have a semplance of a recovery, and yet....
INDUSTRIAL PRODUCTION UP WHILE INVENTORIES DROP John D. McClain, Associated Press July 16, 1991WASHINGTON -- Industrial production rose 0.7 percent in June, its third straight advance, the government said yesterday. Analysts cited a second report, showing further inventory shrinkage in May, as suggesting room for continued output -- and more jobs.
Together, the reports show the industrial economy, which had slumped for two years, continued a moderate recovery from the recession.
"As long as demand is up, producers are going to have to pick up production because inventories are...
TEACHERS BOO US SECRETARY OF EDUCATION AS HE HAILS BUSH'S EDUCATION PRIORITIES
Associated Press
July 20, 1991WASHINGTON -- Education Secretary Lamar Alexander had difficulty yesterday convincing nearly 3,000 teachers that George Bush is well on the road to becoming the education president.
Boos and hisses were heard when Alexander told a convention of the American Federation of Teachers, "We have a president who genuinely wants to be the education president."
Alexander stopped talking when the noise started. He then repeated what he had just said, referring to President Bush's...
THE GANG THAT COULDN'T COUNT STRAIGHT
David Nyhan, Boston Globe
July 21, 1991The contemptuous phrase "close enough for government work" became the theme song of the Bush administration last week.
The 1990 federal census missed counting something like 5 million Americans. Yeah, we know, acknowledged Commerce Secretary Robert Mosbacher. But instead of making the adjustments urged by the census director and the experts paid to advise on the counting, Mosbacher said in effect, "Ahhhh, forget it."...
HOUSING STARTS UP 'SLUGGISH' 5.2 PCT.
Washington Post News Servive
July 20, 1991U.S. housing starts rose 5.2 percent in June to 1.040 million units, but most analysts said the recovery from sharply lower levels in May was sluggish.
David Berson, an economist with the Federal National Mortgage Association, said although most categories posted gains, the multifamily figure seemed to show a big increase only because starts in May were a record low.
During a normal economic recovery, the pace of starts on a monthly basis average 1.4 million to 1.5 million units, said...
RUNNING FOR OFFICE -- AND COVER
Mary McGrory, Washington Post
July 21, 1991IT IS hard to tell from Attorney General Dick Thornburgh's actions whether he is running for the U. S. Senate -- as the president announced in June -- or for the title of Prince of Darkness.
Thornburgh has established himself as an enemy of sunlight in the Justice Department. He has suppressed evidence, he has stopped trials, he has withheld documents in the Iran-contra and Inslaw cases. But he outdid himself last week by failing to show up at a long-scheduled House Judiciary Committee...
ODD JOBS
Washington Post News Services
July 21, 1991This spring's college graduates have mostly missed out on the economic recovery, as employers grew more conservative and cautious with their job offers, according to a survey by the College Placement Council.
Although Federal Reserve Chairman Alan Greenspan has declared the recession over, any rebound would be too late to improve recruiting prospects for the new graduates, according to the council.
BENTSEN URGES EXPANSION OF JOBLESS PAY
Helen Dewar, Washington Post
July 17, 1991Senate Finance Committee Chairman Lloyd Bentsen (D-Tex.) said yesterday he will push for prompt enactment of a $5.8 billion expansion of unemployment benefits, providing up to 20 additional weeks of jobless pay in states hardest hit by the recession.
Declaring that unemployment has reached emergency levels in many areas, Bentsen invited President Bush to join Congress in relaxing constraints that bar spending in excess of approved limits except in situations recognized as emergencies by both...
If he'd only waited three months...
GEPHARDT RULES OUT RUN FOR PRESIDENCY
John W. Mashek, Boston Globe
July 18, 1991WASHINGTON -- Rep. Richard A. Gephardt of Missouri, the House Democratic leader, yesterday ended speculation he would seek the presidency next year, even as Sen. Albert Gore Jr. of Tennessee sent strong signals he will enter the contest for the party's nomination.
"My heart," Gephardt said, "tells me that it is best for St. Louis and my district, and best for our Democratic Party and across the country, for me to remain as majority leader. Even though I will not be a...
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which covers a comprehensive progressive agenda.
Posted by: paul revere at July 18, 2003 12:23 PMThanks for picking up on this. I graduated college in 1991, and I've told people lately that I was a victim of the Previous Bush Administration's Recession (worked many low-wage dead-end jobs in the early 90s, often simultaneously).
Yes indeed, it sure does feel like "Deja Vu All Over Again", except with more Big Brother overtones than the last.