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...governor, along with most of the other candidates, has come out against an oil import tax, calling it "a $50 billion burden on the American economy," and he advocates repealing the windfall profits...

Author: By Elsa C. Arnett, | Title: Energy Issues Emerge in '88 Race | 10/20/1987 | See Source »

Former Arizona Gov. Bruce Babbit also opposes an oil import fee. Babitt favors research in renewable energy technology, such as superconductivity, to reduce U.S. dependency instead of a tariff, said Vada Manager, an aide to the Democratic hopeful...

Author: By Elsa C. Arnett, | Title: Energy Issues Emerge in '88 Race | 10/20/1987 | See Source »

...bounces off walls, and tastes good on crackers. An "In Search Of" type show called "Bullshit or Not?" proposes that jack the Ripper was really the Loch Ness monster in disguise. On a movie review show, the critics discuss in seriousness such films as "Frat Slobs" and the Swedish import "Winter of My Despondency...

Author: By Gary L. Susman, | Title: Amazing Amazons | 10/2/1987 | See Source »

...same time, America's industrial rivals are flush with cash, either ! their own savings or the billions of dollars that import-hungry U.S. consumers have been spending on Japanese video gear, South Korean appliances and West German autos. Those wealthy nations are eager to use this money to tap the $1.3 trillion U.S. marketplace, where immense diversity and opportunity act as both a model and a magnet for the rest of the world. In addition, foreigners are eager to gain access to the advanced fruits of American research and technology, as well as to enjoy the benefits of U.S. rates...

Author: /time Magazine | Title: For Sale: America | 9/14/1987 | See Source »

Experts expect some crops to fall 40% to 50% from last year's levels. The yield in the agriculturally important states of Haryana and Uttar Pradesh will be about 70% below normal. A famine is considered unlikely since India has large stockpiles of wheat and rice. But food shortages are a real possibility, and India may be forced to import grain for the first time in years. That could create new political problems for Prime Minister Rajiv Gandhi, whose ruling party has taken credit for India's recent self-sufficiency in food grains...

Author: /time Magazine | Title: India: When the Rain God Failed | 8/31/1987 | See Source »

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