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...earlier in 1970. Many economists believe that, in the long run, keeping price increases to 3% yearly is about the best that the U.S. can hope to do. On that basis, if future retail-price advances could be held to about the August rate, the Nixon Administration could proclaim that inflation was whipped...

Author: /time Magazine | Title: Business: Relief | 10/5/1970 | See Source »

...consumption, then the Democrats should launch a serious attack on the loopholes in the 1969 Tax Reform Act. They should even place the redistribution of income before their own Keynesian predilections for GNP growth through tax reductions. But only a few souls so far, notably Galbraith, have dared to proclaim the bankruptcy of the New Economics...

Author: By Thomas Geoghegan, | Title: The Galbraith Dimension | 9/29/1970 | See Source »

...eggs in fright." With slight Yankee exaggeration, a newspaper in 1885 described the first field day of the Connecticut Drummers Association in Walling ford, Conn. The fifes and drums echo anew each July along the Connecticut River, where sleepy New England villages like Chester, Deep River and Moodus quietly proclaim a heritage as old as the Republic itself. The occasion is the annual Deep River Ancient Muster, the gathering ground for fife-and-drum corps, which this year attracted over 10,000 spectators and musicians. TIME Correspondent Richard Ostling, who is the son of a drummer, attended the muster...

Author: /time Magazine | Title: American Scene: The Deep River Ancient Muster | 8/3/1970 | See Source »

Suddenly the discreetly worded ads are popping up everywhere. Starkly simple copper bracelets, the pitchmen proclaim, are now being worn in the very best of circles. Jet setters, film stars, top athletes and even a few sober members of the upper bourgeoisie have taken to the fad. Why? Though the ads say nothing about it, to avoid the laws against false and misleading advertising claims, the beautiful people are convinced that the copper bangles* will miraculously alleviate the pain of a variety of ailments, ranging from arthritis to sciatica to chronic backache...

Author: /time Magazine | Title: Modern Living: The Green Wrist Mania | 7/6/1970 | See Source »

...People are employed in skyscrapers in order to make good, practical use of buildings constructed in the first place to proclaim the glory of the chief tenants...

Author: By Richard E. Hyland, | Title: No Country for Old Men | 6/29/1970 | See Source »

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