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...reported last week that the July rate dropped further, to 8.4%, and this time it said that the figure was as exact as statistical techniques can make it. Surprised Administration economists still think the rate might go up again in August; but even if it does, that will not alter the conclusion, now widely held among economists, that the nation's worst recession since the 1930s is definitely over...

Author: /time Magazine | Title: Business: Unemployment Down-No Fluke | 8/11/1975 | See Source »

Like the weather, the sorry state of Main Street in Cheney, Kans. (pop. 1,200) was something everybody complained about but nobody did much to alter. The trouble began when the town's mechanical street sweeper broke down and there was no money in the budget for repairs. Refuse and dirt started to pile high, trucks carrying groaning loads of wheat to the elevators added to the mess, and so much sand from a water main project drifted around Main Street that Cheney began to resemble a grain belt Sahara...

Author: /time Magazine | Title: The Nation: Broom at the Top | 7/14/1975 | See Source »

...force. An objection to that idea was that the cost of new defenses further back would be at least $50 million, above and beyond the $250 million that Israel has spent on its present positions. In the end, however, Rabin rejected it mainly because such a move would radically alter the disengagement agreement itself, which he considered unwise politically. Since Israel was already contemplating a thinout if its Sinai forces in order to cut defense expenditures, Rabin decided to gain some political advantage from the move. The announcement was rushed off to Austria by way of the American embassy...

Author: /time Magazine | Title: MIDDLE EAST: Favorable Omens for Peace | 6/16/1975 | See Source »

Indeed, in an educationally more complex, pluralistic society, Harvard is no longer in a position to devise reforms that will alter the quality or nature of the nation's institutions of higher learning, as it did in 1945. In fact, given the attitudes of Faculty members in a research-oriented university like Harvard, Rosovsky's study will have achieved no little success if it is able to maintain the Faculty interest in undergraduate education elicited by its initial stage...

Author: By Michael Massing, | Title: Reform In the College | 6/12/1975 | See Source »

...talent outside the Congress. It would also blur the separation of Executive and Legislative powers set forth in the Constitution, a distinction that is basic to the American system of government. There is no guarantee, either, that giving Cabinet members a political home to retreat to after resignation would alter what appears to be a basic reluctance of Americans in power to resign publicly on an issue of principle...

Author: /time Magazine | Title: Books: The Way to Go | 6/9/1975 | See Source »

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