Word: chrysler
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Dates: during 1980-1989
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...wage demands in return for job guarantees, business would promise to reinvest in new equipment in exchange for Government-backed loans, and so forth. It is an interesting idea, until one recalls the exhausting battles that invariably surround a single corporate bailout, such as that of Lockheed or Chrysler Corp. Moreover, an industrial recovery and reinvestment bill could easily become a hopeless pork barrel by the time lobbyists and horse-trading Congressmen finish with it. Such outcomes trouble many new-generation Democrats. "I am not sure Americans respond well to economic plans with a capital P," says Massachusetts Governor Michael...
...limit, they want quick, highly maneuverable vehicles. General Motors' Pontiac division, which had expected to sell 65,000 of its agile, two-seat Fiero (base sticker price: $8,310) this year, now says sales will top 100,000. Momentum is also building for the $15,500 turbo-powered Chrysler Laser and Dodge Daytona, which have a claimed top speed of 125 m.p.h. In California, one of the strongest sellers is the Chevrolet Camaro Berlinetta, a luxury sports car. Loaded with options such as a sunroof, digital instruments and a cassette player, it sells for about...
...Mondale wants geographical balance, he could look south: Florida's moderately conservative Governor Bob Graham, 47, is sometimes mentioned. Mondale's strategists also talk about Chrysler Chairman Lee lacocca, 59, who is nationally celebrated for his corporate grit. But lacocca, ebullient and bossy, probably would not slide easily into a supporting role. Mark White, 44, elected Governor of Texas in 1982, has only a meager track record, but his presence on the ticket could help win his state's 29 electoral votes for the Democrats. If Ohio's 23 electoral votes look pivotal, Mondale might...
...swats off suggestions that her age might be a handicap. "You could say the same thing about Ronald Reagan in 1980," she says. There are more serious minuses: as a Midwesterner, she would offer no geographic diversity to Minnesotan Walter Mondale; she has also criticized Gary Hart on the Chrysler bailout. But if she were tapped, says her husband of 50 years, Hicks, "I would congratulate the whole country on its selection." > Kathy Whitmire, 37. Five months into her second term as mayor of Houston, the primly coiffed and bespectacled Whitmire is no longer called "Tootsie," an unflattering reference...
...Many executives contend that restrictions in the Japanese financial system have kept the yen artificially cheap compared with the dollar, and thus have made it easier for Japanese manufacturers to keep prices low when selling their products abroad. In a speech in Detroit earlier this month, Chrysler Chairman Lee Iacocca declaimed, "The Japanese yen is undervalued by at least 15%, and everyone in Washington agrees on that...