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Sharing the Dollar. Why the rush? The buoyant economy has encouraged Americans to spend their profits on pleasure. Airlines fostered the boom by increasing the number of flights and decreasing fares (the lowest seasonal round-trip rate from New York to Jamaica is $44 less than last year's). The main reason for the boom, and perhaps the simplest, is that winter vacations to sunny climates have become more and more a vital part of American life...

Author: /time Magazine | Title: Travel: Tight Little Islands | 3/5/1965 | See Source »

...prevent imbalances in the economy, Johnson again urged Congress to set up procedures that "will permit rapid action on temporary income tax cuts if recession threatens." He cited other measures that he expects to help keep the economy buoyant through 1965: an excise tax cut that would, if approved by Congress, amount to $700 million this year, $1.75 billion when fully implemented; a 7% boost in social security cash benefits, amounting to $1.25 billion a year; an increase of $3.5 billion in federal spending; income tax cuts, completing the two-stage provisions of last year's legislation, amounting...

Author: /time Magazine | Title: Nation: Toward the Fuller Life | 2/5/1965 | See Source »

Marc Blitzstein's musical The Cradle Will Rock after all these years has been equaled only by Carousel, The Golden Apple, West Side Story and perhaps one or two others. It is enjoying a buoyant resurrection (at Theatre Four) under the direction of Howard Da Silva, who was in the original production and has been associated with every one of its revivals since. As on that notorious and scandalous opening night in 1938, only a piano is used. No orchestra is really needed; the work's that good. And if you haven't seen Tom Jones' and Harvey Schmidt...

Author: By Caldwell Titcome, | Title: What's Good on the New York Stage? | 12/16/1964 | See Source »

Once its target is located, a Skyhook rescue plane sends a 400-lb., do-it-yourself kit drifting downward by parachute. The bulky package, which is buoyant enough to float if it lands on water, contains a cylinder filled with helium and 500 ft. of woven nylon line with a special suit attached to one end, a balloon to the other. The man to be rescued must be in good enough physical shape to do a few simple things: put on the suit and inflate the balloon with helium. Once the big bag rises to the full length...

Author: /time Magazine | Title: Aeronautics: Operation Skyhook | 12/4/1964 | See Source »

...Since aluminum's strength-to-weight ratio exceeds that of steel, the Aluminaut's 6½-in.-thick shell will withstand pressures of 7,500 lbs. per sq. in. at the sub's 17,000-ft. maximum diving range. At the same time, the craft is buoyant enough to surface, submerge and operate easily under its own power...

Author: /time Magazine | Title: Oceanology: Aluminaut & Aqucmauts | 9/11/1964 | See Source »

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