Word: thatcherism
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Despite his inexperience, the jovial Kohl may get along better than Schmidt did with Ronald Reagan and Britain's Margaret Thatcher. The fact that the three share a conservative political philosophy may be more important than one impediment to mutual understanding: Kohl speaks little English. In Washington, White House officials note with pleasure such Kohl statements as: "People have come to think of the Soviet Union only as a détente and trade partner. We have to remind them of the true nature of Soviet expansionism...
...Lady was not able to go to the mountain (Fuji, that is), but the mountainous Takamiyama came to the Lady. British Prime Minister Margaret Thatcher, on a visit to Asia, was ready to tussle with Japanese officials over matters of state. The Tetsu no Onna (Iron Lady) was not, however, prepared to lock arms with Japan's heftiest Sumo wrestler, Takamiyama, whose name means Mountain of the Lofty View. The 6-ft. 4-in., 448-lb. colossus, born Jesse Kahaulua in Hawaii and now a naturalized Japanese citizen, disarmed Mrs. Thatcher by cuddling her hand in his great...
...Denis Healey last week: "Helmut Schmidt is the only Western leader at the moment who has experience, a policy and imagination. He will leave a very serious gap." Still, Schmidt's departure should not weaken the bonds between London and Bonn. Though Schmidt and British Prime Minister Margaret Thatcher enjoyed good personal relations, Britain's Conservative Party is ideologically closer to West Germany's Christian Democrats. The opposite will be true for France. During his summer holidays, President Francois Mitterrand is said to have been telling friends that his biggest current worry was what would happen...
...Britain, it's the government that negotiates almost every labor contract, not private industry, so Thatcher has a lot more direct clout than the American president. She knows she has the public's tacit approval to hold the line. But unemployment's at 14 percent and rising, and the persistent work stoppages and management-labor animosity that the prime minister has done nothing to discourage are contributing to the slump. In such a situation. Thatcher can't afford to seek an unconditional surrender, only an evenly negotiated truce...
Reagan can't throw his weight around as easily as Thatcher, but he's certainly got the ability to encourage industrial compromise. The government's seal of approval was evident on the comeback of the Chrysler Corp., which quietly reported large profits last quarter. The agreement in that case: The United Auto Workers permitted fewer immediate benefits, in return for a spot on Chrysler's board of directors. By contrast, look at the recent demise of the Checker Cab Company. Its employees refused to make short-term concessions; they ended up without a company--or jobs...