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...inflation under greater control. This should help U.S. exports and give new strength to the American dollar. Said Heller: "One of the upbeat aspects of a downbeat economy is that real exports will improve." The return to stable economic growth in the U.S. is likely to be slow and arduous. Any quick moves to provide eco-nomic shock treatment would probably only result in another round of inflation. The two sickest sectors of business, housing and autos, do not appear to be near immediate recovery. Guest Panelist Marina Whitman, chief economist for General Motors, forecast a modest pickup...

Author: /time Magazine | Title: Business: Recession: Long and Deep | 6/16/1980 | See Source »

...excitement of the homecoming could not mask the fatigue of the 5,500 men on the Nimitz and the 934 on its two guided-missile cruiser escorts, the California and the Texas. The patrol had been an extraordinarily arduous and lonely duty. In his talk, Carter thanked the crew for projecting "the presence of the U.S. Government and its military forces at a time . . . crucial to the maintenance of peace." He then took the occasion for an announcement that implicitly acknowledged that the services of the carrier's crew and similar American forces deserved better recognition from the nation...

Author: /time Magazine | Title: Nation: Who'll Fight for America? | 6/9/1980 | See Source »

Bitterness over low pay was stressed in a cable sent to his superiors in early May by Captain R.R. Owens, skipper of the Texas, which came home last week with the Nimitz. Said Owens: "While we have been able to cheerfully handle the arduous shipboard conditions, we rebel against our inability to provide our families back home with sufficient funds to provide for their wellbeing. It is very hard for a commanding officer to recommend to his men that they apply for food stamps or other welfare and at the same time ask them to be ready to fight...

Author: /time Magazine | Title: Nation: Who'll Fight for America? | 6/9/1980 | See Source »

...meet began with the arduous 10,000 meter run, and while freshman Bruce Weber knocked 20 seconds off his previous best time he couldn't make the top five finishers. Classmate Kim Stephens, representing Harvard's best hope for a first in the 400 meter hurdles, pulled a hamstring in Tuesday's practice and, after his four-medal performance last weekend in the GBCs, had to watch lamely from the sidelines...

Author: By Sara J. Nicholas, | Title: Tracksters Lose Heps Meet Despite Fine Personal Efforts | 5/5/1980 | See Source »

...census. Says Ben Wattenberg, of the American Enterprise Institute, a conservative Washington think tank: "At some point in this whole statistical system, somebody has got to do a count. Nothing else works unless you have a base number that you can actually, physically verify." The long and arduous effort to obtain this base number begins this week...

Author: /time Magazine | Title: Nation: Let the Great Head Count Begin | 3/31/1980 | See Source »

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