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...role in Bedtome for Bonzo. The Great Communicator, they will tell you, is also the Great Sleeper, a man who dozes off during cabinet meetings, wanders off during national debates, and takes off for his ranch rather than sit around the White House to deal with issues of global import...

Author: By Per H. Jebsen, | Title: Eat Crow, Yuppies | 4/15/1985 | See Source »

...either as a protectionist or a free-trader, with no shades in between. And we're going to lose, as a country, for it." Given the protectionism and market intervention practiced by Japan and other foreign governments, Iacocca would have Washington intervene in the market too, setting up import tariffs and quotas to keep manufacturing jobs in the U.S. In his view, the U.S. "is being played for suckers" by sticking to principles of free trade while other industrial nations subsidize their exports and limit imports. The U.S. trade gap, $123 billion in 1984 and growing, is to Iacocca...

Author: /time Magazine | Title: A Spunky Tycoon Turned Superstar | 4/1/1985 | See Source »

...tough talk does not necessarily make good economic policy. The Administration and some Democrats argue that protectionist barriers cost more to maintain than they are worth. By the estimate of the U.S. International Trade Commission, the voluntary import restraints on Japanese autos that were recently lifted cost U.S. consumers $89,250 a year in higher car prices for each U.S. autoworker's job saved. Furthermore, free-traders argue, a protectionist cocoon would discourage manufacturers from reaching for greater operating efficiencies...

Author: /time Magazine | Title: A Spunky Tycoon Turned Superstar | 4/1/1985 | See Source »

...Kirkland: "He's an old friend, a man I have a great respect for, and a man I think I can work comfortably with." Nor has Brock's record as Trade Representative been completely inimical to labor. While he argued strongly for free trade, Brock nevertheless negotiated voluntary import restrictions with foreign auto and steel producers. Nevada Senator Paul Laxalt summed up Brock's assets with the observation: "I don't suppose we've had anybody in the party who's been more successful at reaching...

Author: /time Magazine | Title: Reaching Out to Labor | 4/1/1985 | See Source »

When James Joyce wanted to symbolize exile, he did it with a Jew, Leopold Bloom of Ulysses. American Jewish writers did not hesitate to import this conceit, making the Jew-as-outsider one of the durable cliches in the national literature. But the facts of life were quite different from the fiction of alienation. By the end of World War II, the sons and daughters of ghetto immigrants were well on their way to becoming deeply rooted members of the middle class. Their semiofficial arrival can be dated to 1955. That was the year Herman Wouk published Marjorie Morningstar...

Author: /time Magazine | Title: Books: Vicomte De Brag Inside, Outside | 4/1/1985 | See Source »

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