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Perhaps the most critical unknown in the domestic economy remains the future cost and availability of money. Under Federal Reserve Chairman Paul Volcker, the U.S. for the past three years has pursued a policy of slowing money growth in an effort to curb inflation. But tighter money has collided head-on with strong demands for credit from both business and Government. The result: interest rates have gone to the highest sustained levels in more than 100 years...

Author: /time Magazine | Title: A Weak Recovery (Maybe) | 9/27/1982 | See Source »

...drunk driving legislation stresses, that some of his committee's most potent legislation failed to gain state legislative approval, in spite of King's support. Which is too bad--the measures that the legislature left by the wayside are needed for any program that realistically hopes to curb drunk drivers. They include laws that would...

Author: By Rebecca J. Joseph, | Title: Time to Get Mad | 9/24/1982 | See Source »

...Coop's early success--and to today's success as well, say current members of the Board of Directors--is simply good business management. To curb a spendthrift Harvard community, the original student founders mandated in the constitution that payment for goods be in cash only. The cash-only requirement has since changed--as any undergraduate carrying that all-important red plastic well knows--but the same keen business sense still permeates the operation...

Author: By Michael J. Abramowitz, | Title: 100 Years of Tradition | 9/13/1982 | See Source »

...heart of S. 2222 are three provisions designed to curb illegal immigration of Mexican farm workers. This is what Simpson calls "a three-legged stool." S. 2222 would reinforce the Southern border patrol, punish employers who hire illegal aliens and ease identification of undocumented workers. But these are three wobbly legs...

Author: By Chuck Lane, | Title: No Answer to Nativism | 9/13/1982 | See Source »

...other words, as Hart pointed out during the Senate debate, immigration is both a domestic and a foreign policy issue. Washington should undertake cooperative efforts with other governments to curb excessive immigration. For example, even S. 2222 could have included a joint U.S.-Mexican education program to alert Mexicans to the proposed user fees. Beyond this, the U.S. government should support a greater role for developing countries in IMF decisions so that they may join in developing alternatives to the harsh "adjustment" program. The U.S. should also support political changes that are likely to end human rights abuses--like those...

Author: By Chuck Lane, | Title: No Answer to Nativism | 9/13/1982 | See Source »

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