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...Social Democrats' hopes for real power rest with their plan for an alliance with the Liberals, with whom they share the middle road between Conservative Prune Minister Margaret Thatcher's doctrinaire capitalism and the increasingly far-left leanings of the Labor Party. Britons like the alternative of a Liberal-Social Democrat coalition; in the latest Gallup poll that combination won an approval rating of 44%, which was 17 points ahead of either of the major parties...

Author: /time Magazine | Title: Britain: Having a Party | 3/16/1981 | See Source »

...over the years, high taxes or low. It is far more likely that these tax cuts will be spent by the rich on luxury goods, thus fueling inflation while adding nothing to the nation's productive, job-creating capacity. As historical evidence, consider the disastrous record of the Conservative Thatcher government in Britain. When it tried its own version of Reagan-style economics, unemployment did not decline--it rose by a resounding 86 percent. Inflation did not decline--it doubled. Clearly, the Republicans' advocacy of a similar plan is highly irresponsible...

Author: By Jess Velona, | Title: Why Reaganomics Won't Work | 3/12/1981 | See Source »

...amity between Reagan and Thatcher, two leaders of conservative parties, was expected. More surprisingly, French officials described François-Poncet's talks with Secretary of State Haig and Reagan as chaleureuses re-trouvailles (warm rediscoveries) of friendship. Relations between Washington and Paris cooled during the Carter years, and particularly so after President Valéry Giscard d'Estaing proved notably slow and mild in condemning the Soviet invasion of Afghanistan...

Author: /time Magazine | Title: Changing the Subject: Reagan's Foreign Policy | 3/9/1981 | See Source »

Compared with Moscow's goose-stepping solemnity or the glitter of a Parisian greeting, what the White House produced for the arrival of Britain's Prime Minister Margaret Thatcher last week was really quite modest. And yet it was a splendid tribute to a friend-and indeed...

Author: /time Magazine | Title: The Presidency: Demonstrations of Dignity | 3/9/1981 | See Source »

Outside, the news was already spreading-leaked to the BBC and the London Times earlier that morning. It quickly set all England rejoicing. Prime Minister Margaret Thatcher told a cheering House of Commons that the engagement gave the government "great pleasure." Bishops of the Church of England, who happened to be discussing marriage at a general synod that day, rose in a standing ovation. "It's super," said Jane Ogden, a housewife in the crowd that quickly materialized at the palace gates. "People really like her. She's so friendly, and she hasn't lost her head...

Author: /time Magazine | Title: Prince Charles Picks a Bride | 3/9/1981 | See Source »

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