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...most difficult feat. Baker is deftly challenging the economic beliefs of a President from his own party, while trying to preserve party unity. After leading Senate Republicans into solid support of Reagan's budget and tax policies last year, he is backing their resistance this year but trying to channel it to achieve a constructive compromise with the President. All the while, Baker is struggling to prevent chaotic fragmentation in a Congress in which undisciplined procedures and election-year insecurities work strongly against cooperative action on behalf of the nation's best interests, rather than those of the individual Senators...

Author: /time Magazine | Title: Stumbling to a Showdown | 4/26/1982 | See Source »

...investment decision. A National Investment Authority (NIA) he suggests, could withold subsidies from defense contractors who refuse to convert to civilian production. An and NIA would subsidize local co-ops, church-sponsored housing, and small farmers rather than lumbering auto makers. Lekachman calls for closing tax loopholes--which channel resources into unproductive uses--and redirecting the proceeds to pay for the NIA and for expanded social welfare services. Inflation should be fought not by wage concessions but by controls on oligopolistic price-setting. But Lekachman is not a naive statist. He argues that controls should not be put on competitive...

Author: By Chuck Lane, | Title: Dismantling Reaganomics | 4/20/1982 | See Source »

More than 500,000 viewers are expected to watch the hour-long debate on to Channel 4, WBZ-TV tonight at 8 p.m. During the event, sponsored by the Massachusetts Young Democrats, the candidates will respond to questions on taxation and revenues from a panel of three newsmen, as well as from each other...

Author: By Jacob M. Schlesinger, | Title: Gubernatorial Candidates Will Debate Tonight | 4/20/1982 | See Source »

...ruthlessly decimated ... I wonder if you would like to help us ... at the Jersey Wildlife Preservation Trust?" The proposal is irregular, but Durrell has put his money where his myth is: in a wildlife organization and a private zoo on his home isle of Jersey in the English Channel. There, hundreds of endangered species are kept in safety. Many of them are odd, but in the author's view, not one of them can compare with the weird and lethal species on the other side of the bars. -By Stefan Kanfer

Author: /time Magazine | Title: Books: Rare Bird | 4/12/1982 | See Source »

...circle must be broken if we are to remove the "thinkables" from power and make "rational alternatives" possible. The challenges is to unlearn helplessness and to channel fears of nuclear destruction not into apathy but into action. In Dr. Mack's words, "We must move away from the win/lose, mentality...to the mental and emotional context of win/win, lose/lose, of we and they, that the development of nuclear weapons requires." This struggle is far from easy, and it ultimately must be waged within the mind of each individual. But one need not struggle completely alone--groups such as The Council...

Author: By Chuck Lane, | Title: Arms and the Mind | 3/5/1982 | See Source »

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