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...ensure that Britain remains a steadfast ally in an uncertain world." She unveiled a manifesto that would further toughen Tory policies on trade unionism, denationalization of state-run industries and big-city metropolitan councils. In so doing, Thatcher drew the battle lines with the opposition Labor Party in the bleakest terms. "The choice before the nation is stark," she intoned, "either to continue our present progress toward recovery or to follow policies more extreme and more damaging than those ever put forward by any previous opposition...

Author: /time Magazine | Title: Britain: Oof! Pow! Bam! Thwack! | 5/30/1983 | See Source »

Though signs are beginning to mount that the 18-month-old slump is at last starting to draw to a close, no sector of the economy can yet be sure of a sustained recovery; in the case of steel, the outlook is bleakest of all. More than almost any other part of Smokestack America, steelmaking finds itself struggling to survive not just the current downturn but a whole host of other, longer-lasting problems. These range from the lofty, uncompetitive wages of the unionized employees, to the antiquated state of many of the mills and fabricating plants, to the relentless...

Author: /time Magazine | Title: Big Steel's Winter of Woes | 1/24/1983 | See Source »

...loss of the two ships marked Britain's bleakest day in .the war. In the House of Commons, Defense Secretary Nott announced that recent additions to the British task force (an additional three destroyers, four frigates, two submarines and a large minesweeper joined the fleet last week) more than balanced its losses in the past few weeks. Said Nott: "The task force has more escort vessels today than a week...

Author: /time Magazine | Title: Falkland Islands: Explosions and Breakthroughs | 6/7/1982 | See Source »

...when he examined his ledger over the winter, he usually had something to smile about: annual farm income often rose, and the value of land and machinery soared. No more. The tears flooding rural America this spring are genuine. Caught in a cashflow crunch, farmers are facing their bleakest year since the Depression...

Author: /time Magazine | Title: Hard Times in the Heartland | 4/12/1982 | See Source »

...sober up and make the madmen realize that the road to confrontation leads nowhere." Some diplomats in Warsaw were convinced that those words had been written by Jaruzelski himself out of an obvious worry that his unseasoned young army might lose control of the situation. As Poles faced their bleakest Christmas since World War II, a dreadful stillness settled across the land. The days seemed colder, the nights darker, the streets emptier. The quiet was broken only occasionally, most often by the rumble of armored personnel carriers. But every so often, as it has for centuries, a familiar anthem would...

Author: /time Magazine | Title: The Darkness Descends | 12/28/1981 | See Source »

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