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Sky-high interest rates and tumbling stock markets prices are the most obvious signs that something is awry. They cast a dark shadow on Reagan's rosy vision of the country's economic future, the one which investors would pour their dollars into a revitalized private sector and expand employment...

Author: By Siddhartha Mazumdar, | Title: A Pound of Flesh | 9/26/1981 | See Source »

Deprived of a friend in the Administration, consumer advocates say they will turn to the courts to protect their gains. In the past, it was usually industry that went to court to challenge government regulations. Now consumer groups will be the ones suing both the government and corporations to enforce...

Author: /time Magazine | Title: Let the Buyers Beware | 9/21/1981 | See Source »

(3 of 10) the federal deficit by 1984 and restore business confidence. Said Stockman: "Wall Street is skeptical because they have seen a decade of broken promises. We have to make believers of them." The President agreed: "We've got to hold down the budget deficit and stay on...

Author: /time Magazine | Title: Making It Work | 9/21/1981 | See Source »

For all its attempts at word association, Solidarity Day is in no way an emulation of the Polish worker's struggle against their government, but a deliberate attempt by union leadership to restore the public confidence in American labor unions. But the president's heavy-handed handling of the air...

Author: By Siddhartha Mazumdar, | Title: Labor's Two Worlds | 9/18/1981 | See Source »

State investigators caught Brown aides late last year using state-run computers to assemble a private mailing list of potential supporters. Brown was not implicated directly, and the cries of "Computergate" soon faded. Nonetheless, the episode damaged his image. Five years ago, an astonishing 61% of voters agreed with the...

Author: /time Magazine | Title: From Shoo-in to Scapegoat | 9/14/1981 | See Source »

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