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...home. A working four-member family will receive an annual $2,300 payment if it earns no more than $3,800 a year. Beyond that, benefits will be cut by 50? on every dollar up to $8,400, when they will be eliminated altogether. If a wage earner cannot find a job after eight weeks of search, his family will receive the standard welfare payment of $4,200 a year. When he lands a job, the family benefits drop back to $2,300. Above all, this phase of the program keeps the family intact. The father is not tempted...

Author: /time Magazine | Title: THE ADMINISTRATION: Working to Reform Welfare | 8/15/1977 | See Source »

...sixpack, Mr. Average American. As of last week-May 4, to be exact-you started working for yourself instead of the Government. By the reckoning of Tax Foundation, Inc., the average wage earner on an eight-hour day had to work four months and four days this year just to pay his federal, state and local taxes. Figured on a daily basis, the tax bite seems no less painful: for two hours and 42 minutes of Mr. Average's day, he labors for those who serve...

Author: /time Magazine | Title: The Nation: Liberation Day | 5/16/1977 | See Source »

ITALY has confounded numerous doomsayers simply by surviving. Now the country appears to be regaining strength. In addition to its vigorous industrial recovery, tourism, which is Italy's biggest earner of foreign currency, is thriving. As gestures of support, the International Monetary Fund has just approved a $530 million stand-by loan, and the European Community has put up $500 million. The lira, artificially propped up by tight controls for the past year, once again is being traded on the free market and is holding steady at 882 to the dollar. But an unchecked inflation, now running...

Author: /time Magazine | Title: OUTLOOK: A Strong U.S. Leads the Recovery | 5/16/1977 | See Source »

...that for so long have kept the income brackets of Radcliffe students higher than those of Harvard's. Both those changes may have the effects Trilling seeks in her suggestion that only the Colleges admit students "solely on the strength of a students's intention to be a wage-earner." Trilling's suggestion seems somewhat ill-considered, as it would--and she admits this--inevitably reduce the number of women at Harvard, even though it would insure that those who did go here would make full use of their education. Equal access and a more generous scholarship program seem more...

Author: By Gay Seidman, | Title: The Imperatives of Class | 4/11/1977 | See Source »

...session wore on, emphasized the Democrats' main domestic issues. "The question," he said, "is what will we do to deal with the human problems of America?" His answer, delivered with few explanatory details: Attack unemployment (while still fighting inflation); reform taxes to "bring relief to the average income earner"; improve health care, housing, education and programs for the elderly. It was a more or less standard liberal Democratic shopping list. In reply, Dole said that the American people were turned off by "promises and promises and bigger and bigger spending programs and more and more inflation," which he called...

Author: /time Magazine | Title: THE RUNNING MATES: Slugfest in a Houston Alley | 10/25/1976 | See Source »

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