European Stars And Stripes (Newspaper) - December 31, 1987, Darmstadt, Hesse Thursday. December 31, 1967 the stars and stripes f a Page 3 Buck has t hit Bottom experts say from Page 1 begin int portion mlle icon As they continue a higher Pri Tii for tin Sank foreign to vice Al uglier Bankers agree i Hill i he i a. Liui i a reducing it Road deficit in iw7 essentially hoping Ihal 3 would make . Goods More attractive in of Hajj a Markels was Lairg Cluj a failure. The Buck has Lii wore than half of its value again almost european Currer Wajcs in the Loisl two years Hul the Trade deficit remains Nate cd a retard Levels. Other strategies worked out Duim ceilings of the seven leading Indus Nali de Nalion few Ark in february andal inc economic Summit in june also have failed to have much of an of acct of inc Trade imbalance the ripens note. Sure the Lowe Dollar has Hurt businessman said. Porsche has had to Layoff some workers and raise lie Price of Hacif autos by Bui really people who buy porsche Aren t Wolf about another 11.000." others note that Konn has tired of its role As the economic locomotive thai would pull , Trade Hack into the Black Germany has done what it can to Spur Domestic spending a Frankfurt currency trader said. We can t Cul interest Rales any further you have o charge something to lend Money. The Trade deficit will he Back in America s court in 1988." the Impact of he Trade imbalance notwithstanding it is America s Federal deficit that is most Likely to spook currency traders and continue to drive the Dollar downward in the coming year. Military spending which has evolved As a barome Crof , determination forgetting the deficit under control will have o be Cut if the Dollar is to rebound in 1988, traders said. The Market wants that As a sign one said others noted that while recent cuts in Militar Ying offered by the while House Are Welcome theiarn not. Enough to have any immediate Impact on Lar . 133 billion in cuts outlined Ink proposed 1989 budget have not yet passed Congo is and. An economist who follows a Csc spending noted the Pentagon is already Mai planning about How the Reagan defense buildup facing unravelled political play distinguish 1987 by the Reagan administration policy of a find Down the Dollar is sure to continue in 198 y a in a new form International currency Markeeran be to pecked to closely Fol Low the . Percsi Dalroy race which kicks off with the Iowa caucuses in a Druary. The elect Ion ice president George Bush which is favored by Johny of the currency traders and Bankers this article would have a positive effect on be Buck a Democrat in inc White to weaken the Dollar overseas they say at . Dost of us know Bush from his visits Here but few and i understand this sub True of the american people know much about candidates said the Bank of Boston Tucich bar forc if Bush docs Well in would tend to str Neil a the whatever the outcome of the race for inc pres Teich and others who Trade the Dollar overseas Hope less government involvement in he Market in 1988. The problem is that government people say too much and the experts Don t say one banker said. We need to hear More from the Federal Reserve and he Bundesbank. The politicians should shut their Mouths. Of he added they re not very Likely to do another trader predicted we have a political Dol Lar that will go As Low As the . Government wants itto go. And remember there Are some theories around that say 1.20 Marks to the Dollar is adding weight to he argument of a political Dollar is the uniformity with which the Dollar has fallen against most european currencies since 1985, com pared to a 54 percent decline in Germany and the Netherlands the Buck has slipped 50 percent in Bel Gium 45 percent in Italy 43 percent in England and 42 percent in Spain. The Dollar has remained steady against the greek drachma and More than doubled against the turkish Ira since. 1985. However much of the Dollar s gain in Turkey has been offset by inflation in addition to significant Price hikes Hal have gone into Citel since National elections in november. Any Hope for the Dollar s recovery in the coming arrests in America moving beyond the Quick fix pics that distinguished 1987, traders said. Must be a return to a reliable Exchange rate said w9fcang Baumann director of economics it the German a a Falion of Industry in Cologne. And that requires a run we monetary beyond halt Thony traders believe in is a simple matter of Trust. Can we believe the Ull get the deficit under control asked a Germant Hoker. I personally trus America to do something Abw tis deficit. But Many of my trading partners Are not so Ste a lot of them ask How America can Ever pay Back Fisl und of but another argued the Market tha America will be Able to repay its debts. The consequence of not believing arc unpleasant he said. Bennett wonks leaner meaner9 school curricula Washington a Secretary of education William i. Bennett on tuesday prescribed leaner meaner belter academic Medicine for Ameri can High schools in a dream curriculum that might require five or even six years of study for some students. We think kids need said Lien hell. Invoking a personal hero for an imaginary James Madison High school Bennett proposed these Ideal curriculum requirements four years of English plus four yearlong literature courses. Three wars each of science math and social studies. Two sear of foreign language. Two ars of physical education. One semester Cath of Art an music Hislord. His program would Case at least 25perceni of jail Jalc class Lime free for elective but h a baud Driver Educa Tion and shop this curriculum i fur All students no for an imaginary Dass of teen age i Ards be Neil told a nes a no i r enee. A is also i Torii in the kind of Bane programs Moil americans want for their the education Secretary Long has championed a Core curriculum wit More academic Backbone. Our children should know about Continental shift and quadratic equations about gothic architecture and the Sci Isburg address about thai a symphony is and about who shake Speare was and what he bin Deit said. 1frames Madison High school says i Jour students should study More English find More math More history and More science. But it proposes that we begin to address what such additional study must mean what the specific Contento our High school classes should be. Hat want our children to know when they graduate from our High schools apically have six or seven periods Day. Allowing students to Lake j8 to 56 courses Over our wars. Hennett said 36 of these should be Aca Demic Core subjects and the Lime leftover for be enough. Hul. If students Don t Complete the i Ore program Bennett said they Miehl have to spend Cora time in High school frankly. I think a so Udint would in belter olt studying an Exira ear or even an extra two years and completing a High school diploma and getting something real gelling something of substance he said. We think Hal most american Stu i ils do not take the kind of program we Are recommending Bennoll said issuing a report entitled James mad Ison High school a curriculum for american he estimated Hal Only 15 percent of High school students arc completing the equivalent of his Ideal curriculum. There is so much academic duller so Many electives in the Way of other courses that sometimes the Core pro Gram gels he said. Bennett s examples of clutter to be found in school catalogues included teen Rock poetry and Baja whale kinds of courses can drive Mil the Core Isis Secretary said Many 15 and 16-year-Olds will not Pul themselves through a difficult regime if there is an easier Bennett said he has found in his travels that if students raised and the gel help they ear and i learn. Raise the expectations raise the a eclat ions he Law thai created Bennett s department bars him from ordering any curriculum. That authority is reserved for stale and local authorities but be Neil said he is free to express his opinions about what the 12 million american teen agers in 21.000 . Public and private High schools should be schools were profiled in the k Ularce cylk nov. They Are a. Philip Randolph Cam pus High school on the grounds of City College of new York in Harlem Cal High school in Latimer. Iowa a Small Rural school serving the Lotsof Fuller. Alexander and Latimer. James High school in los Angeles famed for is hispanic students score son calculus advanced plus yemeni exams Shaw Nee Mission South High school in Kansas Portland Mii a school in Maine Xavier i rep school in new Orleans an All Black Catholic school for girls and Wayland High school in Wayland. Mass. I free copies of James Madison High school Are available by writing Ottice of Public affair1 department Oil Edik Alion. 41 1. Man Lonj ave ,.u. 21ij02.i
