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...local companies were pursued by outsiders. In Washington State, any threat to Boeing (total employment: 121,500) raises deep emotions. Moreover, Air Force Secretary Edward Aldridge said last week that the Pentagon might try to block Pickens if his raid is perceived as a threat to Boeing's military output...

Author: /time Magazine | Title: Blitz On | 8/10/1987 | See Source »

...cultural and political innovations, Gorbachev's greatest challenge remains the economy. He has vowed to double economic output by the year 2000, though his policies have not yet begun to produce measurable results. Some critics say the reforms proposed so far involve more tinkering than reconstruction. Still, Gorbachev has launched an impressive array of initiatives to get the economy moving while preparing the way for more structural changes...

Author: /time Magazine | Title: Can Mikhail Gorbachev Bring It Off? | 7/27/1987 | See Source »

...inflation, including a dramatic peak at the beginning of the 1980s, that paycheck actually slid backward over those years, to $227. The rise in productivity among U.S. manufacturing industries, however, was a brisk 4% each year from 1981 to 1985. During most of the previous decade, this measure of output per worker had increased only 1.2% annually. In fact, last year's U.S. productivity hike of 3.5% surpassed that of Japan (2.8%) and West Germany...

Author: /time Magazine | Title: A Lament: All Work and Less Pay | 7/13/1987 | See Source »

...South African economy is destroyed along with apartheid, we will have to build on the quicksands of deepening poverty." For now, though, divestiture does not seem to have had much effect -- positive or negative -- on the national economy. Since buyers of American subsidiaries are producing roughly the same output of goods and services as their U.S. predecessors, South Africa's growth rate has been little changed...

Author: /time Magazine | Title: Cutting Ties to a Troubled Land | 6/29/1987 | See Source »

...embarked on a more vigorous international role, we found ourselves in a position of unprecedented power. We had a monopoly over atomic weapons. We dominated the global economy, accounting for more than half the world's output. Dozens of nations depended on our military and economic assistance. In such a world, we could enter freely into international organizations with little fear of losing control of the results. Enough countries followed our lead to insure safe working majorities on most important issues. Under these conditions, we could enjoy the fruits of international cooperation with remarkably little danger or cost...

Author: NO WRITER ATTRIBUTED | Title: President Bok: | 5/20/1987 | See Source »

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