Word: schmidts
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...Andrews Air Force Base that evening, a cold Washington rain was turning to sleet. The Reagans swept into town in a 16-car motorcade. They did not stay at the posh Blair House; that had been booked long before the election for a visit by West German Chancellor Helmut Schmidt. Instead they were billeted in a four-story beige brick, mansard-roofed town house at 716 Jackson Place, across Lafayette Park from the White House. One of a row of town houses owned by the Government, the dwelling is used as a residence for distinguished guests...
...tente, the NATO nations believe that Reagan will engineer a steadier and more forceful foreign policy than Carter. The West Germans are encouraged by the fact that Reagan's advisers include George Shultz, Henry Kissinger and Alexander Haig, all men they admire. West German Chancellor Helmut Schmidt never tried to hide his scorn for Carter's vacillating and moralizing approach to international issues. Says one Schmidt aide: "Thank God the days of the Washington zigzag are over...
French President Valéry Giscard d'Estaing, who also had his doubts about Carter's steadiness, expects a Reagan Administration to reassert U.S. power. After meeting with Schmidt last week, Giscard said: "France can only rejoice at the sight of a strong America determined fully to assume its responsibilities...
With Chancellor Helmut Schmidt's Social Democrats now safely past the Oct. 5 election, Bonn has taken steps to cool off inflation. Two weeks ago, Schmidt decided on an $8 billion cut in 1981 spending, which will now be just 4.1% above the $114.4 billion 1980 budget. He also pulled out of a NATO pledge to raise military spending by 3% annually for 15 years-a move that may chill his reception this week in Washington, where he is due to arrive on a long-planned visit. Instead, Bonn will increase its defense budget, now $18 billion, by just...
...have no alternative but to tighten our belts," explains one Schmidt adviser. "If we stimulate the economy, we fuel inflation and further reduce our competitive edge on world markets." And that, of course, could only further erode the cherished mark...