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...about 40 million individuals are still provided with over $50 billion in cash and in in-kind benefits in eight major public assistance programs other than Social Security." Even the more heavily trimmed programs, like school lunches, appear to be in surprisingly good shape. School districts are adjusting to leaner budgets, parents are accepting the reality of paying more (as they do for everything else these days), and more children are rediscovering the small pleasures of brown-bagging...

Author: /time Magazine | Title: Backing Down on Benefits | 10/12/1981 | See Source »

...weak dollar in the late 1970s permitted American companies to grow lax because they rarely had to worry about being undersold by foreign competitors. Now a strong dollar will force U.S. firms to hold down prices and boost productivity both at home and abroad in order to be leaner, tougher and more competitive. William MacKenzie is export manager for a small Los Angeles company that sells household appliances and building supplies to Europe, the Far East and Latin America. Says he: "It's kind of tough to see business go out the door because of this high dollar...

Author: /time Magazine | Title: Heady Days for the Dollar | 8/31/1981 | See Source »

...Piano Quintet, for piano and string quartet, is leaner, harsher and, finally, less successful. It has a distinctively "American" sound derived from Charles Ives, opening with a questioning overture of bold, disjunct octaves. The composer then weakens his argument with | three short character pieces | that, while agreeable, do nothing to further the work's emotional progress. The finale, however, is a heartfelt Elegia that ends with a haunting repeated fragment in the piano, dissolving in resignation and despair...

Author: /time Magazine | Title: Music: Composer with a Hot Hand | 8/24/1981 | See Source »

...everything from gems to groceries, Oppenheimer hardly has absolute control over the marketplace in which his companies' goods are sold. His giant Anglo American Corp. of South Africa Ltd. two weeks ago reported 1980 profits of $1.1 billion, up 65% from 1979, but sagging gold prices point to leaner times ahead...

Author: /time Magazine | Title: South Africa's Mineral King | 7/13/1981 | See Source »

...limitation program called Proposition 2½ last November. As a result, the state's 351 cities and towns stand to lose an estimated $600 million in local revenues. Boston, in particular, is suffering. Mayor Kevin White has already proposed a preliminary 1982 budget that is $74 million leaner than the current one of $369 million. White is calling for cuts of 25% in police and fire services and layoffs of 1,600 workers. Yet some experts contend that city officials will have to slash at least $118 million from next year's budget...

Author: /time Magazine | Title: A Taxing Dilemma for the States | 2/23/1981 | See Source »

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