In France, the term la rentree does not refer only to spacemen plunging back into the earth's atmosphere but also to vacationers returning to the daily grind from their month-long August break. This year, re-entry for millions of Frenchmen was as rough as it ever was for an astronaut in his red-hot cap sule. For none was it more painful than President Georges Pompidou.
Price Police. In the wake of his 121% devaluation of the franc, Pompidou launched an austerity program that featured a freeze on most prices. Despite the efforts of the...
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