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...decades. In the past twelve months, hourly earnings of the average American worker have climbed 7.4%, but retail prices have risen much faster; the average paycheck now buys 4.6% less goods and services than a year ago. That is a drop in the purchasing power of Americans without any parallel in the whole post-World War II period. Pensioners are caught in such a merciless squeeze between higher prices and fixed incomes that some aging workers who had looked forward to retirement are now dreading and trying to postpone it. Middle-class people are being pushed into such demeaning economies...

Author: /time Magazine | Title: POLICY: Seeking Relief from a Massive Migraine | 9/9/1974 | See Source »

...Welles II) and the current bishop of Costa Rica, the Rt. Rev. J. Antonio Ramos, who participated in the ceremony only peripherally. One of the leaders of the attack was Bishop Harold B. Robinson of Western New York, who complained that the ordaining bishops' action was "a parallel to Nixon. These men have placed themselves above the law." Along with two colleagues, Robinson followed Episcopal statutory procedure and initiated charges against the three officiating bishops. The accusations: the trio had broken their vows and violated church laws...

Author: /time Magazine | Title: Religion: The Women Priests | 8/26/1974 | See Source »

...bare minimum; no aides, friends or family members were in the room to share his disgrace. There were no precedents at all in American history-and no exact precedents in world history, the resignation of West Germany's Chancellor Willy Brandt being perhaps the closest recent parallel-for the sort of speech that Nixon, a head of state departing under a cloud, was about to make...

Author: /time Magazine | Title: THE RESIGNATION: EXIT NIXON | 8/19/1974 | See Source »

...itself to some extent. The entire impeachment process had that effect. Thus Congress has an opportunity to institutionalize its rediscovered power. There have been some proposals for requiring Cabinet members and other members of the Executive to answer questions before congressional committees. There are proposals to create congressional staffs parallel to the operations of certain Executive departments. Now, I merely say that we should look into these ideas. There are dangers in all directions. If presidential tyranny is possible, legislative tyranny has also been known to history-and there is a subtle type of judicial tyranny. I think a little...

Author: /time Magazine | Title: The Nation: WHERE AMERICA GOES NOW | 8/19/1974 | See Source »

...tension is apparent as he works the truck back into the parallel parking space, only a couple of feet longer than the truck. The crowd for the first time has something to watch, and starts to focus attention on his misery. He hits a barrier, and another, but finally coaxes his truck between the barricades and goes on to the next problem...

Author: By Robert W. Keefer, | Title: Truck Roadeo: Driving, Dodging | 8/16/1974 | See Source »

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