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...billion from Social Security benefits, leaving a deficit estimated at a minimum of $180 billion. Budget Director David Stockman said it could even rise as high as $195 billion unless changes are made. Several White House advisers last year argued unsuccessfully for additional excise tax boosts and more gradual defense increases. This year, although even more worried about the deficit, they kept their counsel. Said one top aide of his boss: "We found he is adamant on the question of defense and taxes. So why beat a dead horse?" Indeed, at a Friday afternoon Cabinet meeting, Reagan made it plain...

Author: /time Magazine | Title: Staying the Collision Course | 11/29/1982 | See Source »

Nonetheless, recovery has begun. Aside from the gradual revival of commercial life, an extraordinary transformation has taken place in the shattered western section. Every day dozens of bulldozers clear away rubble, and convoys of trucks cart off debris. Shell craters have been filled, sidewalks repaired. The result: West Beirut is cleaner than at any time since the beginning of the civil war in 1975. The Corniche Mazraa, site of some of the war's heaviest shelling and once littered with broken masonry, is well groomed, and the four-lane high way to the airport has been repaved...

Author: /time Magazine | Title: Coming Back to Life | 11/8/1982 | See Source »

...origins of the current price explosion go back to the cold winter of 1976-77, when gas shortages forced many schools and factories to shut down temporarily. After that disaster, Congress decided to spur new production by passing the Natural Gas Policy Act of 1978, which called for the gradual phaseout, through 1984, of price controls on gas produced from new wells. The law set guidelines on how much the cost of gas could go up each year. Pipeline companies, eager to ensure future gas supplies, signed numerous long-term contracts with producers, in which it was often agreed that...

Author: /time Magazine | Title: Gasflation | 11/8/1982 | See Source »

...gradual growth that a child experiences between birth and maturity is regulated by a powerful hormone produced in the body's "master gland," or pituitary. If too much of the hormone is created, the child may become a giant; too little may cause a rare form of dwarfism. The production of the growth hormone is determined by another hormone, known as growth hormone-releasing factor (GRF). Scientists have known for decades that GRF is produced by the hypothalamus, located in the forebrain. But the problem of isolating GRF and then artificially reproducing it remained unsolved until the breakthrough, reported...

Author: /time Magazine | Title: Medicine: Key to Growth | 11/8/1982 | See Source »

...renewed emphasis on non-fiction. Although it began as a forum for student opinion and debate, the Advocate has over the years moved increasingly towards a "pure art for art's sake" approach. In "First Flowering. The Best of the Harvard Advocate," editor Edward Smoley describes the gradual withdrawal from issues of university-wide relevance that post-World War II board members effected. "The Advocate editors were becoming a literary clique, the magazine their house organ. They showed little interest in student affairs," he writes. During the 60s and 70s, the emphasis shifted towards more artwork and a slicker presentation...

Author: By Sarah Paul, | Title: New Directions on South St. | 11/3/1982 | See Source »

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