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On the spending side, the Democratic nominee proposes to reduce military outlays in fiscal 1989 by $25 billion below Reagan's projections, in part by canceling the MX missile, the B-1 bomber and the Star Wars antimissile system, all of which Mondale considers both costly and ineffective. Defense...

Author: /time Magazine | Title: Serving Up a Bitter Pill | 9/24/1984 | See Source »

The convention's mood turned nostalgic as it welcomed Arizona Senator Barry Goldwater, the G.O.P.'s 1964 presidential nominee and at 75 still its grandest old conservative. As Goldwater, who has undergone surgery for heart and hip ailments in recent years, limped to the podium, few in the...

Author: /time Magazine | Title: Setting Out to Whomp 'Em | 9/3/1984 | See Source »

Unfazed by such criticism, the young Turks are willing to take chances. Gingrich, who calls himself a "visionary conservative," wants a re-elected Reagan to launch a "dynamic, audacious first 100 days reminiscent of Roosevelt's first term." Their biggest gamble would be to ignore the pleas of the...

Author: /time Magazine | Title: Struggling for a Party's Soul | 9/3/1984 | See Source »

Keynes, who held that deficit spending could pump up a slack economy. Johnson later balked at the pleas of his Keynesian advisers to pay for the Viet Nam War with higher taxes in order to keep the economy from overheating and pushing up prices. Nonetheless, so prestigious had Keynes'...

Author: /time Magazine | Title: The Forecasters Flunk | 8/27/1984 | See Source »

A top-level French crisis team decided it would not release the prisoners. Iran, prompted by pleas from West Germany, Britain and other countries, agreed to negotiate for the release of the hostages. The Iranians acted reluctantly, perhaps because of their anger over extensive French arms sales to Iraq. By...

Author: /time Magazine | Title: Terrorism: Failed Security | 8/13/1984 | See Source »

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