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...debated aspect of the program is whether a rebate will increase demand enough to boost the economy substantially. Critics contend that it will require a big permanent reduction in individual income taxes, not a mere $50 per person, to persuade consumers to buy big-ticket items such as major household appliances, cars and houses. Government economists insist that the rebates should be enough to boost demand, lift production and put more people to work. Moreover, the rebate has the advantage of being temporary, and the Administration has no intention of permanently losing current tax revenue that could later be used...

Author: /time Magazine | Title: POLICY: When More Is Not Enough | 2/7/1977 | See Source »

Just behind the movers who carried out the Fords' personal belongings were household workers who put the presidential living quarters in perfect order for the Carters. With each day, the Ford presence shrank, until there was nothing left but their luggage and their bed. At breakfast with 75 aides and Cabinet members on the final morning, Ford circulated around the State Dining Room, thanking each person individually. When Vice President Nelson Rockefeller declared that "this is the proudest moment of our lives," a wave of applause washed over the room. Said Ford in response: "You all contributed...

Author: /time Magazine | Title: The Nation: IT'S JUST CITIZEN FORD NOW | 1/31/1977 | See Source »

...private White House quarters last week with Canadian Photographer Yousuf Karsh. During a 3½ hr. portrait session, Karsh caught Betty in a reflective pose after he told her that his Ottawa home is called Little Wings. She promptly produced a small Boehm porcelain-bird figurine from among the household possessions. After his own portrait session, President Ford asked Karsh to get in touch the next time he visits Palm Springs, Calif., where the Fords have decided to spend their retirement. They sold their four-bedroom, colonial-style residence in Alexandria, Va., last week to an Iranian-born realtor...

Author: /time Magazine | Title: People, Jan. 24, 1977 | 1/24/1977 | See Source »

...selecting Sorensen, Carter paid his respects to the still important Kennedy wing of the Democratic Party. For outside the Kennedy family, no one was closer to J.F.K. than Sorensen. He grew up in a Lincoln, Neb., household that served as a refuge and rallying point for local progressives; Ted's father was a liberal Republican state attorney general...

Author: /time Magazine | Title: The Nation: The Odd Man In | 1/3/1977 | See Source »

Died. Russel Wright, 72, a designer who created simple, elegant furniture and accessories for American homes; of cancer; in Manhattan. Though he had little formal training, Wright helped to revolutionize the appearance of everyday household items, from accordions to flatware. He was noted for popularizing the use of blond wood in home furnishing and also for designing plastic dinnerware that sold by the millions. Wright put handgrips on his colorful dinner plates "to keep thumbs out of the food...

Author: /time Magazine | Title: Milestones, Jan. 3, 1977 | 1/3/1977 | See Source »

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