Word: experimentally
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With the election of the Labor Party's Bob Hawke [March 14], Australia will experience a new style of government, a kind of socialist experiment. Hawke claims that his highest priority will be to unite all Australians in winning the battle against the country's economic problems. The...
Mitterrand's decision to reappoint Mauroy came as a surprise to many Frenchmen. It was Mauroy, after all, who had announced only in February that he "would not be the man of the third devaluation of the franc," and who, during the municipal election campaign, had blandly assured voters...
There are sound reasons for allowing deductions for business lunches. But Rachel's point is pertinent nonetheless: the "three-martini lunch," as President Jimmy Carter called it, adds to the impression that the tax code rewards the well-to-do and those in favored occupations. This perception contributes to...
The economic realities of Reagan's budget are beginning to appear, and the American people are being faced with the realization the Swedes had last year: Sometimes the solution is worse than the problem. Like Falldin, Reagan is trapped between the firm, if unrealistic, demands of his conservative backers and...
Although he studiously remained above the fray, Mitterrand must now address his government's problems and choose between two equally unpalatable options: increased austerity measures and expanded protectionism. Mitterrand may even decide to form an entirely new government, without those ministers who, like Mauroy, performed unimpressively in the elections...