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...most controversial resignations have been two top Treasury Department supply-siders, Paul Craig Roberts, Assistant Treasury Secretary for Economic Policy, who left in February, and Norman Ture, Under Secretary of the Treasury for Tax and Economic Affairs, who departed in June. Neither has disguised his dismay at the drift in Administration economic policy. Said Ture of the compromise plan to boost taxes $98 billion over the next three years: "The package is damned unfortunate. It is going to be self-defeating." Roberts summed up his gloomy view of Administration policymaking: "There is no policy any more. The policymakers bend whichever...

Author: /time Magazine | Title: Reagan's Vanishing Advisers | 7/26/1982 | See Source »

IMAGES of a ravaged country drift before our eyes via television. Homeless adults confront the remains of shelled-out dwellings, abandoned children wander, uncomprehending and terrified; thick black smoke distorts once beautiful skylines. Such are the results of Israel's invasion of Lebanon, a foray that has left the Jewish state seemingly, more isolated than ever before. For the first time since its creation in 1948, Israel is the outright initiator of a conflict designed to garner security, not survival...

Author: By Antony J. Blinken, | Title: Lebanon and the Facts | 7/16/1982 | See Source »

...threat is indeed the greatest moral problem of all times. For Theodore Hesburgh the years of the nuclear age, we humans have been painting ourselves into a corner. As Albert Einstein said, 'The splitting of the atom has changed everything save our modes of thinking, and thus we drift toward unparalleled catastrophe.' Perhaps the worst attitude is to say that nothing can be done about it, that tensions between nations cannot be relieved, that the ultimate destiny of all that is good and true and beautiful in this world is to be doomed to utter extinction...

Author: /time Magazine | Title: Education: Parting Words, Mostly Somber | 6/21/1982 | See Source »

...danger is that Congress and the Administration will do none of the above. Instead, they are all too likely to let the system drift closer to the point at which the money runs out, then enact a series of emergency proposals-and trust to luck...

Author: /time Magazine | Title: Social Security: A Debt-Threatened Dream | 5/24/1982 | See Source »

...early years, Marglin had colleagues on the faculty who also experienced the leftward drift of the late '60s, although he alone had tenure. In the year 1969-1970, five other young professors gave the Economics Department a solid core of radical though. It appeared, very briefly, as if Harvard might become the vanguard in the emerging field of radical economics...

Author: By Michael S. Terris, | Title: Radical Isolation | 5/21/1982 | See Source »

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