Word: schroder
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Dates: during 1990-1999
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...Gerhard Schroder is the latest edition to a growing collection of good-looking and affable political leaders of Western democratic nations. He defeated a 300-pound man, Chancellor Helmut Kohl, who had spent 16 years in office, the longest period of single rule in Germany since Otto von Bismarck's reign over a century...
Wary of what he calls "philosophical catchwords," Schroder does not refer explicitly to the Third Way. The phrase seems to mean not simply a compromise between right and left but a synthesis of fiscal conservatism with social responsibility that can appeal across a broad middle. Schroder recognizes the idea in the rise of a like-minded international fraternity. "There's a mainstream of modern social democratic thinking, trying to find answers to the new questions arising from globalization," he says. "The main question is balance: how to modernize the society and modernize the economy and have social security...
...standard-bearer of the Social Democratic Party, Schroder's slogan may be the prosaic "New Middle," but he has discarded years of leftist orthodoxy and learned from the mistakes of his predecessors. In 1990 the SPD promised to slow down the privatization of former East German industries to protect the workers; Schroder now preaches the need for the private sector to become more competitive by cutting labor costs. In 1994 the party proposed higher taxes on middle- and upper-income families; Schroder wants to cut the highest income tax rate from 53% to 47% and reduce corporate rates from...
This past May, at an SPD issues conference in Cologne, odes to such Third Way themes as restructuring and self-reliance filled the air. Concluded Schroder: "The New Middle appeals to all those who want to grasp the initiative and experience the growing flexibility of the labor market. The New Middle appeals to those who want to fulfill the dream of self-employment, who are willing to take risks...
...Middle is also intended to attract the growing number of young voters who are in a mood for change and are distressed by Germany's punishing 10.2% unemployment rate. Schroder's stress on "modernity" and technological "innovation" is directed at a new class of voters, independent-minded young entrepreneurs and technicians. So far, the strategy is paying off: current polls give Schroder a 16-point advantage over Kohl in the popularity ratings, leading...