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Financially, it is more attractive to build cars in the U.S. than to import them from West Germany; because of the high wages and constantly climbing value of the German mark relative to the dollar, the total hourly labor costs amount to about $13.60 in Germany, vs. only $9 at the Pennsylvania factory...

Author: /time Magazine | Title: Business: VW's New Drive | 8/6/1979 | See Source »

...once news of the mass resignations in the President's official family broke Tuesday afternoon, talk of import quotas, synthetic fuels and energy independence was drowned out by a new buzz of puzzled speculation. Early in the week congressional Democrats were talking about whooping through key parts of the President's program, including the windfall-profits tax on oil companies that is supposed to provide all the money for Carter's plans, before the legislators recess on Aug. 3 for four weeks. But by week's end they were making plain that Carter, and the nation...

Author: /time Magazine | Title: Business: Costly, Complex | 7/30/1979 | See Source »

Nearly all of the President's other plans are targeted on the year 1990. The goal for then is ambitious: to reduce imports by 4.5 million bbl. a day below present levels by a combination of production and conservation measures. Among the main proposals, ranked by estimated import savings...

Author: /time Magazine | Title: Business: Costly, Complex | 7/30/1979 | See Source »

WITH THEIR MORE commercial style, today's Kinks are undoubtedly reaching more people, but what they're bringing is not the wonderful old tongue-in-cheek satire Davies specialized in. Instead, these songs are filled with trite statements of no great import--things like...

Author: By Scott A. Rosenberg, | Title: My Generation, Past Thirty | 7/27/1979 | See Source »

...Import quotas, effective immediately, flatly prohibiting the landing of more than 8.5 million bbl. per day?slightly more than now. That would fulfill a pledge Carter made at the Tokyo summit not to increase imports...

Author: /time Magazine | Title: Carter at the Crossroads | 7/23/1979 | See Source »

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