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...Navy has fallen badly behind the Soviets. According to the U.S. Navy's own statistics, the Red Navy now has 563 combat vessels, v. the U.S. Navy's 285. Seeking to narrow the gap, the U.S. Navy has undertaken an ambitious building program that by the mid-1980s could bring the fleet up to 600 submarines and surface warships...

Author: /time Magazine | Title: SHIPBUILDING: Rebellion Rampant in the Yards | 7/26/1976 | See Source »

Jugular Vein. Other experts, among them Citibank Economist Leif Olsen, doubt that the shortfall will be that severe. Yet the price of avoiding crisis, the optimists agree, will be a sharp scaling down of the nation's investment goals through the mid-1980s. In a recent study sponsored by Washington's Brookings Institution, Harvard's James Duesenberry and two other economists derided "Cassandras" who are forecasting a shortage and concluded that "we can afford the future, but just barely." The Duesenberry study contends that Government can be counted upon to come to the rescue: by running...

Author: /time Magazine | Title: INVESTMENT: How to Afford The Future | 7/28/1975 | See Source »

...complex energy dilemma. Concedes ERDA Deputy Administrator Robert Fri: "One message of the plan is that we're sorry, but there is no simple answer." The agency calls for stepped-up development of a wide range of new and existing energy technologies and resources. But up through the mid-1980s, the country must try to keep pace with expanding power needs principally by squeezing more out of present sources, chiefly domestic oil and natural gas, as well as coal, which now supplies about 20% of U.S. energy consumption...

Author: /time Magazine | Title: ENERGY: No Manhattan Project | 7/7/1975 | See Source »

...huge advantage in MIRV missiles. By next year it will have deployed 1,046 MIRVS, including 550 Minuteman III missiles and 496 Poseidon missiles in 31 submarines. It should approach the 1,300 limit when ten new Trident submarines, each carrying 24 MIRV missiles, are completed in the mid-1980s...

Author: /time Magazine | Title: DEFENSE: The Breakthrough on SALT | 12/9/1974 | See Source »

...their own MiRVed missiles. The U.S. had thought the Russians were five years away from developing MIRV. Despite the tests, Schlesinger does not expect Russia to finish development of MIRV technology before 1976?and, more important, does not expect the Soviets to match U.S. inventory before the mid-1980s. Still, the tests were a disquieting sign that the relentless Soviet momentum in weapons research is closing the technology...

Author: /time Magazine | Title: DEFENSE: Arming to Disarm in the Age of Detente | 2/11/1974 | See Source »

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