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...Commerce Department, figures that state and local spending for sewer, water and recreation facilities will rise at least 10% this year. Texas, enjoying a surplus of $3 billion, plans no tax cuts (it has no income tax anyway). But during the next two years, it will pump increases of $1 billion into schools, $900 million into medical education, $528 million into roads and $525 million into health and welfare spending. Wisconsin will use $62.5 million of its surplus ($437 million for the 1977-78 biennium) to fund programs to reduce water pollution, and Arizona might spend part...

Author: /time Magazine | Title: Business: State of the States: Healthy | 4/10/1978 | See Source »

...plant by late this year will crank out nearly 800 Rabbits a day (200,000 a year), employ 4,000 people, pay them $50 million annually and pump an additional $50 million into the local economy by stimulating employment in auto-related industries. Already, says Plant Manager Richard Cummins, VW is doing business with some 1,800 Pennsylvania firms. If all goes as planned, VW will be assembling its U.S. Rabbits mostly from U.S.-made parts by next year, with only engines and transmissions coming from Wolfsburg, West Germany. In economically depressed Lewistown, Pa., for example, C.H. Masland...

Author: /time Magazine | Title: Business: U.S. Rabbit All Set to Hop | 4/10/1978 | See Source »

When it comes to encouraging a social conscience in business, Raymond says professors can try, but they really "can't pump ethics. We raise the considerations, but I leave the decisions to the students...

Author: By Elizabeth E. Ryan, | Title: Pondering the Meaning of It All | 4/6/1978 | See Source »

...Germany did that, its trade surplus would shrink and the deutsche mark would cease its inexorable rise against the dollar. When Administration officials charge that West Germany's refusal to cooperate really amounts to an effort to have things both ways, they have a point. By refusing to pump up its economy, and choosing instead to keep its factories humming as a result of demand from the U.S., Bonn has copped a free ride out of the 1974-75 global recession, and avoided the inflationary risks inherent in stimulating West Germany's own domestic demand...

Author: /time Magazine | Title: Time Essay: What's Behind the Dollar Debacle | 3/20/1978 | See Source »

...think pump of Engine is Charles Lang (Dwight Schultz), who has devised a method for producing energy by splitting the hydrogen and oxygen atoms in water. That amorphous villain, Big Biz, sends two oily agents (David Sabin and Bill Moor) to intimidate Lang out of his invention. When he resists, they murder him and his sister (Patti LuPone...

Author: /time Magazine | Title: Theater: Trickle | 3/20/1978 | See Source »

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