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...problem with the American economy was that federal tax rates had got so high that they were beginning to discourage work and investment, and were thus holding down the supply of goods in the economy. Because the demand for goods raced ahead of their supply, inflation had become a chronic problem...

Author: /time Magazine | Title: Making It Work | 9/21/1981 | See Source »

...case: 1) The Honeymoon-intense enthusiasm and job satisfaction that, for all but a few dynamos, eventually give way to a time when valuable energy reserves begin to drain off. 2) Fuel Shortage-fatigue, sleep disturbances, possibly some escapist drinking or shopping binges and other early-warning signals. 3) Chronic Symptoms-exhaustion, physical illness, acute anger and depression. 4) Crisis-illness that may become incapacitating, deep pessimism, self-doubt, obsession with one's own problems. 5) Hitting the Wall-career and even life threatened...

Author: /time Magazine | Title: Essay: The Burnout of Almost Everyone | 9/21/1981 | See Source »

...anti-institutional bias has also been hard on oaths. So has that low-grade chronic ache (inflation, partly, and the erosion of dreams) that tells Americans so often that their society has not fulfilled its end of the social contract. Americans do not find themselves harmonizing much on Robert Frost's lonely, manly lines: "But I have promises to keep/ And miles to go before I sleep/ And miles to go before I sleep...

Author: /time Magazine | Title: Essay: What Does an Oath Mean? | 8/24/1981 | See Source »

...wave of hope through hundreds of families who live in dread of the sudden news that their sons have volunteered to starve. When the name of the latest hunger volunteer, Liam McCloskey, 25, was announced last week, his parents protested to the I.R.A. that their son had a chronic ear infection that could cause early death. They dared to express their indignation...

Author: /time Magazine | Title: Northern Ireland: Ready to Die in the Maze | 8/17/1981 | See Source »

...sense of monstrousness that arises from her work seems to have its source in an unbridgeable gap between the highly rational and ordered intelligence of the writer, and the chaos and hysteria of nearly everything she writes about. Thus, perhaps, her chronic melodrama, her pumping of more emotion into situations than they have been built to withstand...

Author: /time Magazine | Title: Books: Deafening Roar | 8/17/1981 | See Source »

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