may 16, 1974 - Schmidt (SPD) becomes Chancellor

Description:

Strengths:
-Praised for critical analysis and objectivity
-Opposed Brandt's emotional socialism
-Strong management of economy during oil crisis during early 70s
-Strong ties with Europe
-Continued Ostpolitik
-Good handling of Mogadishu incident in 1977
-Had the nickname 'the Achiever' for his innovation in financial affairs

Failures:
-Emergence of terrorists who said the FRG was neo-fascist, meaning he was forced to curtail freedoms.
-Economic crisis
-Left said he was going too far towards authoritarianism
-Let US nuclear missiles on German soil
-Schmidt was forced out when FDP pulled out of coalition

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