Word: frostings
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Dates: during 1980-1989
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...Gerry Frost, speechwriter for Sir Keith Joseph, Thatcher's Secretary of State for Industry, spoke to a largely English, mostly Laborite gathering at the Business School last Thursday, defending the first-year policies of the Tories that have resulted in 16 per cent inflation and two million unemployed, the highest since World War II. In a change of tune since campaign day, he said the Thatcher government was cutting only $4 billion from the national budget--no more than the Callaghan Labor government proposed to slice off in its later days. Unemployment wasn't really as bad as it sounded...
Conceding that monetarist policies to this point have failed to alleviate Britain's woes, Frost maintained they have played no part in the distinct downturn of the economy in the past year. The attempt to control inflation by tightening the money supply--cutting public spending and raising mid-range interest rates--has not worked, resulting only in 16 per cent interest rates, an economy mired in quicksand, and what promises to be a cold and turbulent winter...
...monetarists stick to their guns, largely because they have only one barrel that works. Theirs is a Randolph Scott world of black and white, profit and loss, widgets and blips. Frost said the Thatcher government has not gone nearly far enough in cutting spending, tightening money supply, and policing the trade unions. Although some portions of British Aerospace and the Post Office have been turned over to private industry, not enough other industries have gone back to the farm. British Leyland and British Steel--the latter losing over $1 million a day--still devour large chunks of British taxpayers' pounds...
...State is edible, it is a poor sort of granite. Less-favored areas of the nation have mudslides, floods, strip mining, droughts, marching armies of real estate agents with compound eyes and side-mounted mandibles and, yesbygod, a volcano. (Mount St. Helens ash in the air caused the June frost here, sure as raccoons eat sweet corn, and never mind that we have June frost 18 years...
...poetry have never been able to form a lasting relationship. Oh, Ted Kennedy quotes the passage of Tennyson that his brothers admired, and Eugene McCarthy likes to write verse, often of the pointlessly enigmatic kind ("I am alone/ In the land of the aardvarks . . ."). John Kennedy had Robert Frost read at his Inauguration, and Jimmy Carter asked similar service of James Dickey. But, on the whole, Americans have preferred Plato's approach: he banned poets from his Republic...