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SELF-INFLICTED WOUNDS

FROM LBJ'S GUNS AND BUTTER TO REAGAN'S VOODOO ECONOMICS

Strong language and strong medicine about the decline of the American economy, but marred by overwrought prose and Monday- morning quarterbacking. Rowen, a columnist for the Washington Post, attributes America's economic decline not to unfair trading practices by Japan or other external factors. It is, he says, a case of ``self- strangulation.'' Rowen examines the men and women who have made economic policy since the Johnson administration. Without attributing any venality (other than perhaps the playing of partisan politics) and admitting that people did the best they could, he nonetheless does assign blame for the low economic state to which the nation has sunk. Emerging from WW II as the only country with an industrial base untouched by war, the US was the most powerful nation on earth. Then, from the mid-1960s to the late 1980s, it went from the world's largest creditor to its largest debtor. Rowen ignores JFK, whom he knew personally and who arguably set in motion events leading to the problems Rowen cites. The current crisis, he argues, was initiated by Johnson's Vietnam adventure, which crippled the Great Society and set up a virulent inflationary cycle in its attempt to have both guns and butter. The blunders of LBJ gave way to Nixon's disastrous wage- and price- control attempts, and the abandonment of the gold standard. Ford and Carter were hamstrung by OPEC and were, according to the author, nothing short of inept. By far his harshest criticism is leveled at Reagan's ``voodoo economics,'' with its vain hope that wealth would trickle down from the top. Rowen also attacks Congress, describing it as spineless. For the future, he says, Americans will have to adjust to the economic rise of Asia, focus on high-tech industries, and become less greedy. Rowen's case is compelling, if not totally convincing. He also gives readers a poignant mini-memoir about the life of a newspaperman covering the powerful.

Pub Date: Aug. 1, 1994

ISBN: 0-8129-1864-9

Page Count: 352

Publisher: Times/Henry Holt

Review Posted Online: May 19, 2010

Kirkus Reviews Issue: July 1, 1994

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NUTCRACKER

This is not the Nutcracker sweet, as passed on by Tchaikovsky and Marius Petipa. No, this is the original Hoffmann tale of 1816, in which the froth of Christmas revelry occasionally parts to let the dark underside of childhood fantasies and fears peek through. The boundaries between dream and reality fade, just as Godfather Drosselmeier, the Nutcracker's creator, is seen as alternately sinister and jolly. And Italian artist Roberto Innocenti gives an errily realistic air to Marie's dreams, in richly detailed illustrations touched by a mysterious light. A beautiful version of this classic tale, which will captivate adults and children alike. (Nutcracker; $35.00; Oct. 28, 1996; 136 pp.; 0-15-100227-4)

Pub Date: Oct. 28, 1996

ISBN: 0-15-100227-4

Page Count: 136

Publisher: Harcourt

Review Posted Online: May 19, 2010

Kirkus Reviews Issue: Aug. 15, 1996

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TO THE ONE I LOVE THE BEST

EPISODES FROM THE LIFE OF LADY MENDL (ELSIE DE WOLFE)

An extravaganza in Bemelmans' inimitable vein, but written almost dead pan, with sly, amusing, sometimes biting undertones, breaking through. For Bemelmans was "the man who came to cocktails". And his hostess was Lady Mendl (Elsie de Wolfe), arbiter of American decorating taste over a generation. Lady Mendl was an incredible person,- self-made in proper American tradition on the one hand, for she had been haunted by the poverty of her childhood, and the years of struggle up from its ugliness,- until she became synonymous with the exotic, exquisite, worshipper at beauty's whrine. Bemelmans draws a portrait in extremes, through apt descriptions, through hilarious anecdote, through surprisingly sympathetic and understanding bits of appreciation. The scene shifts from Hollywood to the home she loved the best in Versailles. One meets in passing a vast roster of famous figures of the international and artistic set. And always one feels Bemelmans, slightly offstage, observing, recording, commenting, illustrated.

Pub Date: Feb. 23, 1955

ISBN: 0670717797

Page Count: -

Publisher: Viking

Review Posted Online: Oct. 25, 2011

Kirkus Reviews Issue: Feb. 1, 1955

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