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...predict that it will end the year at around an 8.6% annual rate, vs. 13.2% for the last quarter of 1980. The small surplus in world petroleum markets is now keeping a tight grip on oil prices, and that will remove one of the key causes of recent inflation (see box). Homeownership costs, which account for about one-fourth of the consumer price index, are up from a year ago, but the increases are tapering off because sales are slow. Good crops and heavy livestock production so far this year should moderate food price increases in the months ahead. Finally...

Author: /time Magazine | Title: The Outlook Brightens | 6/1/1981 | See Source »

...every hundred students who start out in Memorial Junior High each September, 60 will not be around in June. Of those who actually do graduate, something like one-fourth fail to get into high school. Each fall teachers steel themselves to confront a steady stream of unfamiliar faces with all-too-familiar problems. But like a stratified rock in Geology I, the school tells more about where the town has been than where it is going. English Teacher Tizoe Romero recalls the '40s, when Memorial was the poor white man's school. Coach Harry Franson remembers twelve years...

Author: /time Magazine | Title: In California: Pay-as-You-Go Pedagogy | 5/11/1981 | See Source »

...twelve violations in 600 pages. "Don't I count as a person?" Indeed she does. Marisa's adventure, Wicked Loving Lies, has sold 3 million copies, and her fellow rapees, the heroines of paperback romances, were responsible for sales upwards of $100 million in 1980 -representing over one-fourth of mass-market softcover volumes. This year is expected to be even bigger. As gothics and antebellum adventures fade, the "contemporaries," as the trade labels them, are becoming the ardor of the day. Says Dell Vice President Ross Claiborne: "It's a license to print money." The license...

Author: /time Magazine | Title: Excerpt: From Bedroom to Boardroom | 4/13/1981 | See Source »

...One thing that seemed certain was the Spanish people's overwhelming belief in democracy and their joy at its deliverance. At week's end, millions filled the streets in nationwide demonstrations that were endorsed by all the major political parties. Nearly one-fourth of Madrid's population marched from Glorieta de Embajadores toward the Plaza de las Cortes. The festive mood was only slightly marred when ultrarightists set off three harmless bombs along the parade route. This time, at least, they were only a rude and futile gesture that hardly interrupted the chants of "Liberty, democracy...

Author: /time Magazine | Title: Spain: The Franquista Coup That Failed | 3/9/1981 | See Source »

...said the emphasis on responsiveness to market conditions is "three-fourths talk and one-fourth action," but said that the "basic measures are completely sound...

Author: NO WRITER ATTRIBUTED | Title: Experts Downplay New China Policy | 3/2/1981 | See Source »

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