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...draconian plan to slash $38 billion from the already reduced 1983 spending levels for domestic programs. Most of the disputes were settled by a panel consisting of Stockman and top White House aides. Commerce Secretary Malcolm Baldrige, for example, was able to save more than $50 million in export and trade assistance programs. Other disputes, unresolved, went to the President. He decided that Labor Secretary Raymond Donovan's $2.2 billion job-training budget would be trimmed by only $400 million, rather than the $ 1.2 billion Stockman had proposed...

Author: /time Magazine | Title: Playing Both Santa and Scrooge | 12/28/1981 | See Source »

Well, as to that last, it is playing a supporting role in what may be the weirdest export since Dallas got dubbed and sent to Japan. The NBC Tonight show has been shipped to Britain, where a 40-minute version airs once a week, some days after its U.S. showing, to a bit of national befuddlement, considerable indifference and a few shreds of outright hostility. Carson's opening monologue, with its repeated references to daily U.S. political folk ways and wild consumerism, may be delivered in what is-roughly-considered a common language, but the jokes turn...

Author: /time Magazine | Title: Video: Heerrre's Johnny: On the Spot | 12/21/1981 | See Source »

...result of their business success, the couple from the basement flat in Pimlico has won a British export award and been invited for a visit on the royal yacht Britannia. The Ashleys now live much of the year in a 17-bedroom, 18th century chateau in northern France. At a small airfield near by, Bernard keeps a Beechcraft King Air plane, which he uses to fly off to business meetings. And while fashion trends come and go, Laura Ashley in tends to continue selling ruffles and romance. Says she: "What the eye sees is important. High tech is too hard...

Author: /time Magazine | Title: Selling Romance, British Style | 12/21/1981 | See Source »

...Constantine Caramanlis 9½ months before the Socialist sweep last October. Long before the election, Papandreou had expressed strong hostility toward the E.C., and has often called for a referendum on Greece's membership in the Community. At the same time, Papandreou has expressed opposition to some E.C. export quotas, demanding that Greece be accorded special status within the Community. When he objected to one E.C. regulation on agriculture at the London summit, Belgian Prime Minister Mark Eyskens interrupted him, asking, "Then why don't you just leave...

Author: /time Magazine | Title: Greece: Split Persona | 12/7/1981 | See Source »

...result in work for thousands in Europe's depressed engineering industries. In France, the newspaper Le Monde observed: "The American arguments would have carried more weight if the U.S. had adopted a more responsible attitude on energy pricing; if several years ago they had developed the means to export their abundant coal reserves; and if, finally, Mr. Reagan had not in the name of the sacrosanct laws of the market, compromised the financing of synthetic fuels on the grounds of profit...

Author: /time Magazine | Title: Pipeline for Western Europe | 12/7/1981 | See Source »

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