In West Germany last week, government and business played out their own version of the great Kennedy-Blough drama. The German actors did their best to follow the original script faithfully, but somehow something got lost along the line in translation.
Playing Jack Kennedy in the German version was Economics Minister Ludwig Erhard, who made his reputation as the laissez-faire-dealing architect of Germany's postwar prosperity. Seven weeks ago, as West German televiewers waited for the evening weather broadcast. Erhard's owlish face unexpectedly appeared on their screens. Coldly, the Minister warned that unless labor stopped pressing for higher wages (which...
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