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...harder to sell on world markets. The strategy cooled inflation by cheapening imports and killing off demand generally, although it also threw a record number of British companies into bankruptcy and millions of workers out of jobs. Since June 1979, when the downturn began, industrial production has slumped 11.6% (vs. an average fall of only 4% for other industrial powers). There are some encouraging signs. Bank lending rates are now in the 10% range, down from 17% in 1980, and mortgages have fallen from 15% to a more affordable 10%. Productivity is up, and the rate of wage hikes...
...theirs is a dwindling breed. Next year, for the first time, blue-collar workers will be outnumbered by white-collar workers in the labor force. Meanwhile, surveys show that voters today are growing less and less likely to vote by class, simply along the lines of bowler hat vs. cloth cap. As if that were not advantage enough for Thatcher, Britain's population is shifting from the big cities that have long been Labor strongholds to the Tory enclaves of suburbia. Parliamentary districts were redrawn for last week's election to reflect that migration, and the Tories clearly gained. "Social...
...here live at Lavietes for the second straight night bringing you exciting Ivy League action! We've got the Lions from Columbia vs. our fair Crimson as Amaker's boys try to recover from last night's devastating collapse...
...know, when it comes down to a general election - looks like it's going to be [Barack] Obama vs. McCain - there are any number of ways of playing this, and one of them, I don't necessarily have to tout McCain, but I certainly will be critical of Obama. Once we get down to the general, you start examining what this guy's policies are. Right now [Obama is] saying nothing better than anybody has ever said it. At least in my lifetime. It's going to have to get specific at some point...
...quality of teaching and teacher morale are typical. A recent analysis involving 610 TAP teachers in six states, conducted by the National Institute for Excellence in Teaching, the nonprofit that runs TAP, found that 38% of TAP teachers produced above-average gains in student achievement in a single year, vs. 26% of teachers in a control group...