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Like the first fragile buds of spring, tentative auguries of economic revival appear to be breaking through the depressed national economy. The indicators are maddeningly mixed, and business leaders are wary of overreacting until they see whether a consistent pattern emerges. But for the first time since the recession began in mid-1981, higher levels of production and of new orders were reported in January, according to the monthly survey of 250 industrial companies by the National Association of Purchasing Management. There was also good news from the National Federation of Independent Business: it said that the hiring plans...

Author: /time Magazine | Title: Searching for the Recovery | 2/21/1983 | See Source »

...first President, Kwame Nkrumah, Ghana gained independence from Britain in 1957. But poor planning and extravagant government spending soon undermined the economy, while incompetent officials and pervasive corruption eroded Nkrumah's popular support. In 1966 he was overthrown in a widely popular military coup. That revolt set the pattern for the future; in the succeeding 17 years Ghana has endured five such coups...

Author: /time Magazine | Title: Ghana: Homecoming to Misery | 2/21/1983 | See Source »

...retrospect, Bunshaft's abstract sculpture reflects the anti-urban bias of the early modern movement. Its vertical slab interrupts the building line along East 54th Street. Such disruption is now considered detrimental to an orderly street pattern. And the court Bunshaft created is uninviting and mostly empty...

Author: /time Magazine | Title: Design: Saving the Unfashionable Past | 2/21/1983 | See Source »

...strategy is to accomplish our various objectives of maintaining the social safety net, of protecting the truly needy, maintaining our defense build up at the level that is required, of having essentially the freeze on other programs taken as a whole and developing the strategy of a declining deficit pattern for future years. I think all of these things are being accomplished in this budget and that's why I think it should clear very well...

Author: By Rep. JAMES Wright, | Title: The 1984 Reagan Budget | 2/12/1983 | See Source »

Harvard presents extraordinary opportunities to qualified students, and the offer of admission is a difficult one to turn down. Depending on one's attitude, the fact that the College has chosen to use this educational market dominance to the detriment of its students is either consistent with a pattern of valuing economic concerns over the welfare of the undergraduates, or a puzzling reversal of an interest in the long term welfare of the College and its students. In either case it is a policy which demands to be changed...

Author: By Jonathan J. Doolan, | Title: Closing Doors | 2/7/1983 | See Source »

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