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January

18

1983

January 18, 1983



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Diary Entry - 01/18/1983

Tuesday, January 18, 1983

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P.M. Nakasone (Japan) arrived. We met privately. I acknowledged what he had done already about reducing tariffs & upping the mil. bud. but told him more was needed. I recognized his pol. problems but told him we had some too—a drive in Cong. to turn to protectionism, which was growing in strength. I believe he will take action. We moved to larger meeting in the cabinet room & continued discussion there & lunch in the W.H. I invited him & his wife & daughter to brkfst. tomorrow. Cabinet met & heard last word on budget. In constant $ it will be equal to ’83 bud. Allowing for inflation it will [be] 4 1⁄2% bigger the exact amt. of present inflation rate. Charley Wick brought in Rupert Murdock for a meeting. He is supportive of me which means some of the press is with us—his press.