Concorde touted as prestige project doomed by cost
The Concorde, a British French joint venture, faces likely shutdown as governments doubt profits. Expensive fuel, half full flights, and $1000 tickets limit demand while critics call it an expensive vanity. A fiscal and environmental burden leaves the SST dream largely abandoned.
MENTIONED IN THIS ARTICLE
Mitterrand
Thatcher
America
Atlantic Ocean
Paris
London
New York
Washington
Congress
Guernica Symbolizes Liberty From Tyranny and War
Picasso’s Guernica, painted in 1937 in response to the Spanish Civil War, has stood as a global protest against oppression. After Franco’s demise, the work traveled from New York to Madrid and now under King Juan Carlos embodies Spain’s fragile democracy and a universal call for peace.
MENTIONED IN THIS ARTICLE
Pablo Picasso
Guernica
Picasso
Spain
Franco
New York
Museum of Modern Art
Madrid
Juan Carlos
Nce
Bipartisan path urged to fix Social Security
Sen. William Armstrong proposes a special bipartisan group to craft reform, aiming to curb partisan fights and push needed legislation before 1982 campaigns. Analysts warn of looming trust fund shortfalls, but risk of a Reagan framed bill and delayed action remains high as Democrats seek to preserve existing reform momentum.
MENTIONED IN THIS ARTICLE
Tom Wicker
New York Times
William Armstrong
Colorado
Pee
Reagan
John Myles
Harvard
Armstrong
Warren Weaver
House
Subcommittee
Senate
White House
Strong
Bickering threatens German government
West Germany's governing social democrats and free democrats face a fraying coalition as intraparty bickering grows over a stagnant economy and rising unemployment. Brandt questions the coalition's durability while FDP leaders push tax cuts and reduced social spending, signaling possible political realignment ahead of elections.
MENTIONED IN THIS ARTICLE
John Vinocur
New York Times
Bonn
West Germany
Social Democrats
Free Democrats
Willy Brandt
Social Democratic Party
Brandt
Helmut Schmidt
Hans-Dietrich Genscher
Free Democratic Party
West Rmany
Christian Democrats
Federalism will cost states as Reagan cuts bite
Kathryn Waters Gest analyzes how Reagan budget cuts shift power to states but strain finances. The biennial Congressional Quarterly survey finds roughly half of states struggle to absorb cuts, with energy rich states faring better. Michigan Indiana and Massachusetts face tax and unemployment pressures, while Alaska Oklahoma New Mexico Texas lift revenues from energy taxes. Several states raise gasoline and sales taxes to cover deficits as others rely on severance taxes.
MENTIONED IN THIS ARTICLE
Ronald Reagan
Congressional Quarterly
East
Midwest
West
Upper Midwest
Michigan
Indiana
Washington
Massachusetts
California
Minnesota
Oregon
Kentucky
John Y. Brown
Wisconsin
GOP
Lee Sherman Dreyfus
Iowa
North Carolina
Alaska
Alaska Permanent Fund
Oklahoma
New Mexico
North Dakota
Montana
Also Mentioned on This Page
Southern Illinois
Pedge Tell
Boris
Qwan
Kathryn Waters
Gest
United States
Schmidt
Christian Democratic
Helmut Kohl
Europe
Kohl
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