Word: honeymooning
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Murray Weidenbaum, chairman of President Reagan's Council of Economic Advisers and former member of the TIME board, was a guest at last week's session. He described the first quarter as part of the "Reagan honeymoon." Acknowledging the special factors involved in the business surge, Weidenbaum said that he did not expect such vigor to last. The Reagan Administration's revised economic forecast, which will be issued in July, is likely to show an economy only slightly stronger than its February prediction. Said he: "I expect that real growth this year will be a bit higher...
...carat diamond of the finest color, only $2,000 in the 1950s, now costs about $50,000, or more than many three-bedroom houses did not so long ago. The blood test and marriage license have remained affordable at $20 and $5 (formerly $7 and $2), but once the honeymoon is over and tax time comes around, the newlyweds discover that the party is really over. If they both work and earn $20,000 apiece, together they pay Uncle Sam almost $1,700 more than if they had stayed single-making that bill at the Plaza seem like peanuts...
Listen, mes chers. Before you leave Paris for I'Amérique on your honeymoon it is absolutely essential that you equip yourselves with the new Guide to New York by Henri Gault and Christian Millau. There is no other comparable introduction to New York and les New-Yorkais, certainly not in French (and it's available only in French). With its information on hotels, restaurants, theaters, shopping, museums, la night life, even transportation, it will be as valuable to you as your traveler's checks. The book also contains many sage observations about the habits-some...
...honeymoon" period, during which the press traditionally refrains from attacking the president, is necessary for a new Chief Executive "to get his feet on the ground," Powell stressed. He thinks, however, that the Carter administration was shortchanged, saying, "our honeymoon looked more like a one night stand...
...flat. One person who encouraged him was his bride, Lila Bell Acheson, now 91, the sister of a Macalester classmate. "I knew right away that it was a gorgeous idea," she later recalled. They mailed out thousands of subscription appeals just before their wedding. When they returned from their honeymoon to Greenwich Village in Manhattan there were 1,500 responses...