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...first he has planned from scratch. Ronald Reagan is calling for slashes in social spending fully as painful as those enacted last year; in fact, total nondefense spending would actually decline slightly for the first time since 1960. Reagan is asking for an increase in military spending even more rapid than his earlier estimates. And he is prepared to accept deficits perilously close to $100 billion a year rather than change his tax-cutting strategy...

Author: /time Magazine | Title: No Time to Retreat: Reagan on more arms and no big tax hikes | 2/15/1982 | See Source »

...secret of the valley's success is a well-developed business network. An informal group of experienced executives, consultants and development services has sprung up to help start new businesses and then help them manage rapid growth. With a couple of local phone calls, a budding businessman with the right ideas can round up $1 million in venture capital in a day. Says British-born Adam Osborne, 42, who has already accumulated $70 million in orders for his year-old personal computer company, Osborne Computer Corp.: "Every single thing we need is within an hour's drive...

Author: /time Magazine | Title: Striking It Rich: A new breed of risk takers is betting on the high-technology future | 2/15/1982 | See Source »

...rapid growth, however, was hard to control. In the words of Markkula, the problem was "to keep the race car on the track." The introduction in 1980 of Apple III, a more powerful version of its predecessor, was a fiasco. The new machines, plagued by production snafus, were full of bugs and had to be withdrawn from the market. Early last year some 40 employees were fired, and the project manager of Apple III resigned: Since then, Apple's growing pains have eased. Sales of a retooled Apple III have improved, and those of the less expensive Apple...

Author: /time Magazine | Title: The Seeds of Success | 2/15/1982 | See Source »

...extended first-movement pas de deux, Kistler and Christopher d'Amboise follow the music's every twist and unexpected turn, illustrating its ripples with flowing figurations of their own. The third movement's bold, thrusting opening is similarly reflected in the dance, which includes some rapid-fire footwork for D'Amboise inspired by the rat-a-tat-tat of the piano. Paradoxically, Robbins is most, and least, successful with his extended bagatelle in the second movement. Into a vivid world of women - the girls in dark red, Calegari and Kistler in brightest white - Robbins suddenly injects...

Author: /time Magazine | Title: Dance: Jazzing It Up at the Ballet | 2/15/1982 | See Source »

...dollars in various forms--cash, food, consumer goods, etc.--into Poland since the imposition of martial law and the government has exerted intense diplomatic pressure, most notably through the Vatican and the Churches of other Eastern Bloc nations, on Jaruzelski's regime. And, of course, the French government's rapid condemnation of the Polish military dictatorship and of the Soviet involvement in Poland provided an unusual instance of gallic solidarity with the rest of Western alliance...

Author: By Antony J. Blinken, | Title: A Pipeline to Prosperity | 2/12/1982 | See Source »

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