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...American housing crisis is simply a variation ol the American car crisis: in years past, both were overbuilt Now in housing as in cars, Americans are suffering the discomforts oi what Detroit calls "downsizing." The ultimate result could be both better transportation and better shelter. Maybe...

Author: /time Magazine | Title: Essay: Downsizing an American Dream | 10/5/1981 | See Source »

...reverse striptease, a comely Victorian lass in black stockings and garter belt dresses up in corset and crinoline for a grand occasion orchestrated by Strauss. The star of the show, callipygian Linda Bardot, clad mostly in a pearly headdress, twirls around under a filigreed umbrella, mouthing in puffick Cockney Oi'm Aownly aye Bird in aye Gilded Cayge. Between and after the twice-nightly shows, the place becomes a disco where the windows vibrate past midnight...

Author: /time Magazine | Title: Living: High Kicks Above the Big Apple | 6/9/1980 | See Source »

Housing starts in January fell 18% below a year earlier, to an annual rate of 1.4 million, and they appear headed much lower. Buyers cannot afford mortgage interest rates that top 16% in some areas oi the country, and savings and loan associations are running out of money to lend. In the Chicago area, new home sales in February tumbled 30% below the 1979 level. Contractors are laying off so many workers that 60% of the area's construction labor force may be unemployed in two to three months. In Houston, starts are down 50%, and John Pace, president...

Author: /time Magazine | Title: Jimmy Carter vs. Inflation | 3/24/1980 | See Source »

...five largest firms-Goodyear, Firestone, BF Goodrich, Uniroyal and General Tire & Rubber-which account for the bulk oi the industry's daily output of 700,000-plus tires, are having...

Author: /time Magazine | Title: Business: Flat Tires | 2/11/1980 | See Source »

...minister before deciding that "Christianity is so full of fraud that any honest man should repudiate the whole shebang and espouse atheism instead." His broadsides against the church's "authoritarian control over the minds of men," something he equated with Stalinism, and its "unAmerican" involvement in the affairs oi state education later found echoes in federal bans on prayer in public schools and aid to parochial schools...

Author: /time Magazine | Title: Milestones, Feb. 11, 1980 | 2/11/1980 | See Source »

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