Word: frostings
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Dates: during 1980-1989
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...Warren is a Rhodes scholar, a classicist, and the South's answer to Robert Frost. He is swapping reunion talk with two other farm hands from central casting, Psychologist Lyle Hicks Lanier and Novelist Andrew Nelson Lytle. These three men are all that is left of a famous band of twelve Southerners, a lot of them poets, a lot of them from Vanderbilt, who 50 years ago published an alternately brilliant and baffling manifesto called I'll Take My Stand: The South and the Agrarian Tradition...
...change will come. It's going to turn from hot to cold, and we can kill the hog that's ripe and have fresh meat to eat. Come one of these nights and we can wander down here and tree a nice possum. Old Jack Frost will be pinching things up. Old Mr. Winter will be standing in the door. Hickory tree there will be yellow. Sweetgum red, hickory yellow ...' He went along rapping the tree trunks with his knuckle. 'Magnolia and liveoak never die. Remember that,.. And run, little quail...
Questioners in the audience reminded Frost that the British government loses so much money on its major public industries because it took them over in their death throes--an argument known as the "turkey theory" and often used on this side of the Atlantic to account for the weakness of public transit systems. British Steel's decrepit capital plant makes Bethlehem Steel look like the cutting edge of the new technology, and U.S. producers struggle way behind their Japanese competitors. Can the Tories really believe that selling British Steel to the private sector would suddenly make them competitive...
...Frost's simplistic assertion that public equals inefficient equals bad is contradicted by the experiences of Volkswagen and Renault. These two government-run (German and French, respectively) automobile firms have turned handsome profits and sold many cars in British Leyland's own market by investing wisely in new capital and research and development. Putting the blame for Britain's problems on government spending alone is cloud-cuckoo emotionalism and bad economics. It wins elections but doesn't run countries. According to Mr. Frost, only Mrs. Thatcher's strong stands on such questions as immigration and law and order--the sort...
...FROST CLOSED HIS speech by drawing parallels between Reagan's economic beliefs and those of the Thatcher government: tax cuts, deregulating industry, cutting government spending. He gave Reagan and his staff good marks as fellow monetarists. But he cautioned that opposition would be stiff, especially during the first year, and warned that fiscal policies "could be defeated before they're started" unless the forces were well-marshaled beforehand. It was probably the best news of the afternoon...