Word: schmidts
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Dates: during 1970-1979
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...weeks party leaders in West Germany's ruling coalition had campaigned in the North Rhine-Westphalia state elections as if their claim to national power depended on it. Chancellor Helmut Schmidt's Social Democrats had slipped badly in seven previous state elections during the past year, and there were fears that the Tendenzwende (change in the trend) could snowball into a crushing defeat in next year's national elections...
...growing left-wing influence within the S.D.P. The Chancellor's firm stand against the demands of terrorists who seized the West German embassy in Stockholm late last month took much of the steam out of the opposition's charges of "impotence" and "leniency." In addition, Schmidt's government released figures from the country's economic research institutes predicting a "limited but stable upswing in the second half of the year." The projections showed an inflation rate of 5% or less (down from the present 5.9%), unemployment at 4% (currently 4.7%) and economic growth of perhaps...
Even opposition critics find it hard to fault Schmidt's handling of the economy. Since taking over from Willy Brandt last May, Schmidt, 56, has whipped the Cabinet into shape, told off his party's left-wingers, and zipped through the Bundestag a tax-reform program that had been stalled for years...
...when the economy seemed headed for a real slump, Schmidt and Finance Minister Hans Apel took the brakes off credit and then at the end of the year shifted into a full reflation program. If their projected Aufschwung (upswing) does come this fall-and especially if now returning consumer confidence puts some of the nation's huge personal savings back into circulation-the revival of the giant West German economy will give all Western Europe a big boost toward recovery...
...grim and exhausted Chancellor Schmidt appeared Friday morning before the Bundestag. "We didn't make it easy on ourselves yesterday," he admitted, to applause from all sides of the house, "but today I am convinced that we fulfilled our duty correctly." He noted that the Baader-Meinhof gang was believed responsible for the murder of nine people and the wounding of more than 100 others. "To have released these criminals, some of whom are still awaiting trial," he declared, "would have meant an inconceivable shattering for our security and our state...