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...ignore the pleas of the pragmatists, who insist that a tax hike is necessary to reduce the deficit. Supply-Side Apostles Kemp and Gingrich not only oppose a tax increase but would cut taxes even more. The reward, they insist, would be unprecedented economic growth. The deficit would diminish as increased revenues poured in, without the sacrifice of higher tax rates. Lewis Lehrman, a New York drug-store magnate who lost the 1982 New York gubernatorial race to Mario Cuomo, is a rising Republican figure who has become an intellectual mentor of Kemp's, and who harbors...

Author: /time Magazine | Title: Struggling for a Party's Soul | 9/3/1984 | See Source »

Fixx was fond of noting that regular aerobic workouts generally diminish the risk of heart dis ease; cholesterol levels, blood pressure, body weight and pulmonary function have all been shown to be positively influenced by exercise. A new study, conducted at Harvard and Stanford and published in last week's issue of the Journal of the American Medical Association, further confirms the benefits. According to its principal author, Dr. Ralph Paffenbarger, the study of 17,000 men ages 35 through 84 revealed "a direct relationship between the level of physical activity and the length of life." Fatal heart disease...

Author: /time Magazine | Title: Medicine: Why Joggers Are Running Scared | 8/6/1984 | See Source »

...mark.' " The critical and popular response reflected his view: published as a book in 1941, Let Us Now Praise Famous Men had sold only 600 copies by the end of the year. But Agee's collaboration with Evans refused to die. The years seemed to diminish the excesses-autobiographical discursions, adolescent stridence-and to ratify Critic Lionel Trilling's appraisal: "The most realistic and important moral effort of our generation...

Author: /time Magazine | Title: Books: Captive Poet | 7/2/1984 | See Source »

Disney Chairman Raymond Watson, 57, and President Ronald Miller, 51, then established their first line of defense. The strategy was to buy up other companies in order to diminish Steinberg's share of Disney. On May 17, Disney agreed to buy Arvida, a Florida-based land-development firm, in exchange for 3.3 million shares, nearly 10%, of its stock. Steinberg sued to stop the deal, but a U.S. district court in Los Angeles ruled in favor of Disney. Then Disney announced plans to buy Gibson Greetings, a Cincinnati-based producer of cards and wrapping paper...

Author: /time Magazine | Title: Greenmailing Mickey Mouse | 6/25/1984 | See Source »

...World Airways matched People's fares. American will follow on its New York-Los Angeles flights this week but with some restrictions. Last week TWA announced that it was lowering fares by as much as $80 on flights from New York to Los Angeles. The new fares could diminish the profits airlines had hoped to make on heavy business for the Summer Olympic Games...

Author: /time Magazine | Title: AIRLINES: Flying the Cut-Rate Skies | 6/25/1984 | See Source »

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