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...capital. A renovated Reconstruction Finance Corporation would direct huge subsidies to promising growth industries and bail out a few more important declining industries. In both cases, however, reindustrialization funds depend on workers agreeing to wage restraint. And according to Business Week, "destabilizing" goals such as affirmative action and environmental repair must be deferred, so as not to upset the "social compact...

Author: By Chuck Lane, | Title: Dismantling Reaganomics | 4/20/1982 | See Source »

...offered me his scarf. Enrolled in an institute of higher learning, he is exempt from military conscription. Nevertheless, he and his fellow students devote a few days each month to studies under the institute's department of war. On these days they wear green uniforms and learn how to repair jeeps and trucks. Like many Russians Borya wanted to know what American life is really like. Are salaries in the government sector lower than those in the private sector? I answered affirmatively. "Then it's true," he exclaimed, almost incredulous. "Our economics teacher was right. The American government exploits...

Author: By Allen M. Greenberg, | Title: From Russia With Frustration | 4/12/1982 | See Source »

...that the Administration's ruthless budget cuts have destroyed. So it is all the more crucial that students, faculty, and administrators redouble their efforts on the legislative front, too--by rallying, voting, or lobbying Congress--in the hope of that Congress will be forced to turn against Reagan and repair some of the damage it has already done...

Author: NO WRITER ATTRIBUTED | Title: Preserving Access | 4/10/1982 | See Source »

...another of these seemingly lost causes. He works days at a beauty parlor, but his real life is gambling, chasing women. He goes to law school part-time, but it's really no big deal. When he's forced to give up law school to work in a home repair shop, he tells his future boss that it's all right, since he was only going to law school as a come-on to girls, anyway...

Author: By Adam S. Cohen, | Title: A Four-Star Diner | 4/8/1982 | See Source »

...owns jointly with Galeotti, in Forte dei Marmi, about three hours' drive from Milan. The decoration there is a kind of bucolic adaptation of the Milan digs, with the same aquatic excess: in this case, an Olympic-size pool. For sun, and the summers, Armani, Galeotti and pals repair to a Moorish-style domed house on the island of Pantelleria, 50 miles off the coast of Tunisia, where nature has supplied her own aquatic excess in the form of the Mediterranean...

Author: /time Magazine | Title: Living: A Spare Design for Living | 4/5/1982 | See Source »

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