Abstract

Editorials
Rushdie, Salman | September 19, 1988 issue

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The article presents information on political developments around the world. The 1987 real average hourly wage of $8.98 and the real average weekly wage of $312.50 are at the lowest levels in twenty-five years. Since the last peak in the business cycle, in 1979, employment in manufacturing, with relatively high average weekly wages of $398, has declined by 1.9 million jobs. When a tyrant fails, the world's shadows lighten and only hypocrites grieve and Mohammad Zia ul-Haq was one of the cruelest of modern tyrants, whatever his great friend U.S. President George Bush and his staunch supporter Margaret Thatcher would have people think.

See Also:

POLITICAL development; ECONOMIC activity; INCOME; BUSINESS cycles; UL-Haq, Mohammad Zia; DICTATORS
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