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By 1984, however, a rebound brought about by steady policy (combined with a notably weak opponent in Walter Mondale) enabled Reagan to proclaim "morning in America", just in time to be re-elected in a landslide.
"We've had all kinds of requests for interviews, for books, but it has been our steady policy to refuse," Mr. Socolov told The New York Times a decade ago.
If so, the fact to point to is that Britain in this recession is still likely to enjoy a lower unemployment rate than France or Germany in their boom.A hard head, a steady policy, a determination to control inflation: that is what it will take to bring an end to boom and bust.
Similar(56)
The violent north-west is screaming for more enlightened and steadier policies than the army has applied.
Another is that, by capping the price paid to hydro generators, it would in effect subsidise electricity at the expense of other social needs, such as education.Even with steadier policies, electricity firms, traumatised by problems in Brazil and in their home markets, may hesitate.
"Stability means to maintain basically steady macroeconomic policy, relatively fast economic growth, stable consumer prices and social stability," one of several Xinhua statements said.
He is less confident about America's capacity to sustain a steady foreign policy, noting that "the perpetual psychodrama of democratic transitions" is a constant invitation to other nations to "hedge their bets" on us.
"We will continue implementing stable and steady monetary policies, and comprehensively applying a range of monetary policy tools, to maintain reasonably abundant liquidity and to safeguard financial stability".
The bank said a steady monetary-policy stance was appropriate while it judged the impact of recent interest-rate increases.
In one or two respects, he has scored impressive hits: on his watch, for example, Pakistan has enjoyed steady economic policies and some useful reforms.
The steady-state policy is given by (35).
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