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...free trade. Excluding cheap imports, he claims, will allow us to develop "fully competitive auto and steel industries in the 1990s" and prevent unemployment in the interim. Once American auto and steel industries become competitive with those of other countries, the need for projectionist trade barriers will simply fade away. Until then, though, moderate protectionism is the only way to prevent "irresistible demands for harsh and damaging legislation." In addition, by waving the club of American trade barriers over the heads of our allies, Mondale believes we will intimidate them into reducing their own trade barriers...

Author: By David V. Thottungal, | Title: Auto-Immunity | 2/24/1983 | See Source »

Even before the election campaign began, however, Kohl's rosy political prospects started to fade. First, a wave of sympathy began to build for the defeated Schmidt, whose term of office ended when the small, centrist Free Democratic Party deserted his coalition to join Kohl's conservative alignment. Then Kohl faced a voter backlash for the way he arranged the election call, by stage-managing a vote of confidence against himself in the Bundestag. That maneuver has been contested by four Bundestag members before West Germany's Constitutional Court...

Author: /time Magazine | Title: West Germany: Racing Down to the Wire | 2/21/1983 | See Source »

...this could be interesting if Kennedy supplied some personal involvement, but the initially sympathetic qualities in O'Brien fade as her political career takes off. As her reformist zeal becomes lust for power, more and more of Kennedy's attention goes to her pleasure in manipulating men, throwing temper tantrums, and other childish antics...

Author: By Michael F. P. dorning, | Title: Three Slow Boats That Never Arrive | 2/8/1983 | See Source »

...said that in some undefined second phase of the START talks he would seek to eliminate that disparity. Those experts inside and outside the Administration who want the U.S. START proposal to become more negotiable were hoping that Reagan's second-phase requirement for limiting throw weight would fade away. If anything, however, it has become more central to Rowny's mandate in Geneva...

Author: /time Magazine | Title: A Tougher Stand for START | 2/7/1983 | See Source »

...hardly had 1982's bond market bulls had a chance to tot up their winnings when much of the euphoria that accompanied the rise in bond prices began to fade. Prices have begun to weaken ever so slightly, and interest rates have started to nudge upward. Reason: fear is spreading that inflation, a mortal menace for all fixed-income investments, could resume with a vengeance if the economy comes out of its doldrums. Says Raymond Dalio president of Bridgewater Associates Inc., a Connecticut-based economic and investment consulting firm that was strongly bullish on bonds last winter and spring...

Author: /time Magazine | Title: Pause in the Bond Boom | 1/3/1983 | See Source »

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