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That prospect defies the early punditry that imprisoned Tsongas in the "second tier" of prospects. He is tunneling out of that dungeon with a gritty consistency that trashes conventional wisdom. His self-imposed "pro- business Democrat" label alienates many liberals, but Tsongas is gaining support among others by departing from party dogma. "They love employment," Tsongas says of traditional Democrats. "It's the employers they can't stand. They have never understood the link." Unions want a new law to protect the jobs of strikers. Tsongas opposes it on the ground that it would encourage confrontation. Most of the candidates...

Author: /time Magazine | Title: Democrats: Tsongas' Surprising Surge | 2/17/1992 | See Source »

...SOUTHERN TIER. The government of Romania looks to many critics like a continuation of communism without Nicolae Ceausescu, the dictator executed in 1989. Not much has changed for the better in this benighted land. The government has passed some privatization laws, but quasi-communists within the ruling National Salvation Front have blocked any deeper reform. The moves so far have served mainly to spur inflation and unemployment without easing the severe shortages of all consumer goods, including food. Bulgaria at least has enough to eat, thanks largely to the fertility of its soil and the skill of its farmers...

Author: /time Magazine | Title: Eastern Europe: The Shock of Reform | 2/17/1992 | See Source »

...host of second-tier Democrats joined Paul E. Tsongas, the seemingly quixotic candidate who would prove to be astute in predicting the Bush decline. Bush's disapproval ratings, once in the single digits, swiftly spiraled upward...

Author: By Harry JAMES Wilson, | Title: Losing His Religion | 2/8/1992 | See Source »

...resignation, Gorbachev was still talking about finding some blend of central planning and market economics that he called a "multi- tier economy" with "an equality of all forms of ownership." No such halfway house exists, and his protracted attempt to find one left the irrational centralized system in chaos, with no replacement in sight. Ordinary citizens paid the price for his procrastination...

Author: /time Magazine | Title: Revolutions Farewell | 1/6/1992 | See Source »

...Maastricht decisions raise the prospect of a "two-tier Europe" in which the economically powerful countries of the north will pull even further ahead of the nations to the south. "Countries unable or unwilling to join a single currency, including Britain, will quickly find themselves facing currency instability, higher interest and other very tricky domestic problems," warns David Roche, chief international-portfolio strategist for Morgan Stanley in London. To help lagging economies catch up, the E.C. will create a "cohesion fund" to pour an unspecified amount of cash into transportation, infrastructure and environmental cleanup in the south...

Author: /time Magazine | Title: European Community: Blueprint for the Dream | 12/23/1991 | See Source »

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