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Cyclical Roller Coaster. The 80-month U.S. boom reflects a climate of growth, but also stability. A notable measure of that stability was the willingness of the Ford Motor Co. last month to guarantee up to 95% of the annual wages of workers in what has historically been an unstable, layoff-prone industry. Since 1834, the U.S. economy has ridden the cyclical roller coaster through 31 booms and busts. Nobody is willing to predict that cyclical peaks and troughs can entirely be eliminated. But many economists are convinced that with prudent and prompt cooperation between business and Government, business...

Author: /time Magazine | Title: The Economy: Milestones to the Future | 11/10/1967 | See Source »

...simply cannot learn to read adequately. Most of those who attend the weekly after-school clinics at the foundation are victims of dyslexia (TIME, May 13, 1966), a catchall term describing children who suffer from slight brain damage or inherited neurological handicaps that interfere with their control over both motor and sensory functions. Some are hyperactive-any kind of stimulation distracts them, makes them restless. Others withdraw into a shell, have trouble expressing themselves, prefer not to try rather than risk failure at learning. All seem unable to concentrate more than fleetingly on a problem; many see letters transposed, hear...

Author: /time Magazine | Title: Teaching: Forced Reading | 11/3/1967 | See Source »

Detroit's No. 1 salesman last week was United Auto Workers Boss Walter Reuther. Having left the Ford Motor Co. bargaining table with the richest labor settlement in industry history, he now had to sell the terms to the boys. The 35-month contract was worth "seven hundred to eight hundreds of millions of dollars," in wages and benefits, he said on an hour-long TV pitch. "I tell you that we have squeezed and squeezed and squeezed...

Author: /time Magazine | Title: Autos: Squeeze, Squeeze, Squeeze | 11/3/1967 | See Source »

Vital Issue. Most vocal in criticizing the autos from the East is British Motor Corporation. In January, Honda entered the British market with the 5800 sports car selling for $250 less than B.M.C.'s MGB. Now it will offer the N-360, an air-cooled two-cylinder car that even with extras sells for $140 less than B.M.C.'s comparable minimodel...

Author: /time Magazine | Title: Business: Threat from the East | 11/3/1967 | See Source »

...pointed out that other ways young people find excitement are often far more harmful. Twelve hundred teenagers were killed or maimed last year in motor bike accidents, he said, adding that even religious ecstacy--can be dangerous. "I've known many young women I'd rather see take LSD than Billy Graham...

Author: NO WRITER ATTRIBUTED | Title: Malleson Urges Legalized Drugs | 10/25/1967 | See Source »

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