Word: mitterrand
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...anniversary will be a state occasion. Queen Elizabeth will cross the channel in the Royal Yacht, Britannia. Other chiefs of the old Alliance-Reagan and Mitterrand and Trudeau, the Queen of The Netherlands, the King of the Belgians-will assemble for the ceremonies before some of them go on to an economic summit in London. They will fly in helicopters over the famous beaches-Omaha, Utah and the rest. They will inspect the surf through which the invaders struggled 40 years ago, young amphibians buffeted by waves and torn by crossfires. Their landfall, in a chaos of metal and smoke...
...Semyonov, Bonner's son from her first marriage, who lives in Newton, Mass., glumly noted, "We believe it could be a matter of days now before either one or both of them die." In Paris, Bonner's daughter, Tatyana Yankelevich, appealed to French President François Mitterrand, who plans to visit Moscow this summer, to intervene. Foreign ministers from the European Community sent a joint statement on the Sakharovs to their Soviet counterpart, Andrei Gromyko. The U.S. State Department denounced the Soviet treatment of the couple as "inhumane and incomprehensible...
Perhaps the most notable feature of Mitterrand's three years has been the dramatic flip-flop in economic policy: what began as a reflationary spending spree later turned into prolonged austerity. Similar reversals have occurred, though less conspicuously, in many other realms, as the aggressive changes of 1981 and 1982 were revoked or diluted in the face of reality or public reaction. As Culture Minister Jack Lang privately told a Paris publisher, "We had big ideas in the beginning, dreams from all those years in the opposition, but then we were confronted by realities, and we came to understand...
Aside from the 2.2 million unemployed (9.8% of the work force), the middle class has been hit hardest by Mitterrand's economic program. The main reason is that the tax bite has increased 15% to 20% for many middle-income families. They are now paying higher levies on everything from rented cars to boat insurance and, for some 2 million with annual incomes of more than $20,000, a 5% to 8% surtax on their earnings. As a result, many people have been spending rather than investing their savings...
...thanks largely to the Socialists. French people of all classes have traditionally looked askance at the pursuit of commerce and made businessmen feel socially inferior. Now, as part of its zealous austerity-minded campaign to revive investment and encourage new, advanced industries, the government has been extolling free enterprise. Mitterrand himself has formally endorsed "the right to make a fortune." Captains of industry like Schlumberger's Jean Riboud are featured heroically on the covers of traditionally leftist magazines. As Sociologist Crozier notes, former Premier Raymond Barre "tried to teach respect for business, but no one listened. Now that...