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...individual income tax cuts will cost an estimated $557 billion over six years, a staggering figure; the breaks for business have ballooned the figure to $749 billion. Critics fear that the results will be stunning deficits that will fan inflation and keep interest rates high enough to abort a recovery from the present severe recession and possibly discourage the very business investment that both the Administration and Congress wanted to prompt. The latest Commerce Department survey shows that businessmen are actually planning a .5% cutback in their spending for new plant and equipment, adjusted for inflation, in 1982; such spending...

Author: /time Magazine | Title: Stewing in Its Own Largesse | 2/1/1982 | See Source »

...this week, would have time for "goofing off," Slayton noted. As a crowd of half a million gathered at Cape Canaveral, the only apparent clouds on the horizon were the clouds on the horizon-an Atlantic storm that could pose a landing problem should the mission have to abort. But the go-ahead was given and the final countdown begun. Only in its last nine minutes did the mechanical elements start to bluster...

Author: /time Magazine | Title: Space: Gunk Grounds the Second Shuttle | 11/16/1981 | See Source »

...letters [July 20] regarding "Death of a Twin" opposed that marvelous operation. Not one expressed sympathy for the mother who chose to abort the twin with Down's syndrome. It is easy to be pious, idealistic or shocked at the solution to someone else's problem. But what is so wonderful about knowingly bringing a retarded child into the world? It is a blessing to the infant...

Author: /time Magazine | Title: Letters: Aug. 17, 1981 | 8/17/1981 | See Source »

Doctors successfully abort an abnormal twin

Author: /time Magazine | Title: Medicine: Saving One, Dooming Another | 6/29/1981 | See Source »

...parents in a quandary. Says a report in last week's New England Journal of Medicine: "The mother desperately wanted to have the normal child but could not face the burden of caring for an abnormal child for the rest of her life." She would have chosen to abort both fetuses rather than continue the pregnancy to term had doctors not told her there was yet a third option: to try to abort only the abnormal twin...

Author: /time Magazine | Title: Medicine: Saving One, Dooming Another | 6/29/1981 | See Source »

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