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...higher tariffs as a way to tackle the nation's trade imbalance. The Speaker insisted that the goal was reciprocity, doing unto other countries what they are doing to the U.S. The Administration's policies, he said, are ballooning the trade deficit, putting Americans out of work and making "junk metal and scrap paper" the leading exports from the Port of New York...

Author: /time Magazine | Title: Live Opposition | 2/9/1987 | See Source »

...tourists for the Constitution celebrations, a local planning committee called We the People 200 intends to license mementos including T shirts and reproductions of the pen used by the signers in 1787. Still, the group insists commercialism will be kept to a minimum. "We're not looking to junk it up," says Executive Director of Programming Fred Stein. "We don't have an official toilet seat, nor will...

Author: /time Magazine | Title: Pursuit Of Tackiness | 2/9/1987 | See Source »

Today you can't even buy drive-thru liquor anymore. The same people who used to drop acid brewed in rat-infested basements are now concerned that their coffee isn't decaffinated properly. The closest they come to cheap thrills is buying junk bonds...

Author: By Rutger Fury, | Title: SOUND OF FURY | 2/7/1987 | See Source »

...city in the U.S., and determined to make itself felt. It teems with new money thirsting for status through art. In Los Angeles, city of therapies, one sees the great American illusion that art is socially therapeutic brought to its apex. Medicean longings inflate the breast of the lowliest junk-bond zillionaire. Whole busloads of fledgling collectors shuttle on regular tours, shepherded by docents, art-investment consultants and "educators" of every stamp, among the private collections of Beverly Hills, Bel Air and Malibu. What other commodity offers such a blend of transcendence and fiscal display? Buying is a spectator sport...

Author: /time Magazine | Title: Art: Getting On the Map | 1/12/1987 | See Source »

Traditional diet experts think hair analysis, saliva tests and the like are the scientific equivalent of junk food. "There are a lot of way-out quacks who are making a fortune," warns Dr. Myron Winick, a nutrition expert at Columbia-Presbyterian Medical Center. Though hundreds of thousands have entered the field, nutrition counseling is largely ungoverned. The unrestricted binge may be ending, however. Before 1982 no states had regulations; now 14 do. The most prestigious organization, the American Dietetic Association, has 43,000 members who have passed a certification exam...

Author: /time Magazine | Title: Health & Fitness: The Weight Shrinks | 1/12/1987 | See Source »

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