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...kept it strong for decades. Says John Young, chief executive of Hewlett-Packard and former head of President Reagan's Commission on Industrial Competitiveness: ''Manufacturing is the foundation upon which a service economy is built.'' Fears of deindustrialization are a major force behind protectionist sentiments in Congress, which are rising in a new crescendo. In the past year more than 200 restrictive trade measures have appeared in the congressional hopper, aimed at sheltering a wide variety of American industries from foreign competition. Says Sidney Jones, an economist with the Brookings Institution in Washington: ''The whole trade situation right...

Author: /time Magazine | Title: SINGING THE SHUTDOWN BLUES U.S. industry undergoes a wrenching change, but it could be for the good | 7/21/2008 | See Source »

...measures, which place armed guards and sniffer dogs in most Pan Am terminals. TWA is offering similar incentives, but last week the troubled airline, which has just weathered a ten-week strike by flight attendants, suffered another jolt with the departure of President Richard D. Pearson. Heartening as the rise in bookings was for airlines and travel agents, it was noteworthy that most of the increase came from individual American tourists, rather than from the group tours that traditionally make up 25% of the transatlantic summer-season business. ''The group travelers are a little greener, a little more skittish,'' says...

Author: /time Magazine | Title: INTO THE BREACH U.S. tourists return to Europe | 7/21/2008 | See Source »

...this gives rise to at least one more question: If most of those million fleeing Republicans have become tenuous independents, then who are those 700,000 new Democrats? That is what the DNC is trying to find out. "They are young, they are female, they are new to the process," said a consultant who is trying to dissect this new group for the party elders. "Most of them have come out of nowhere...

Author: /time Magazine | Title: The Week in Politics | 7/20/2008 | See Source »

...convince voters, as well as lawmakers who are sitting on the fence, that the leadership hasn't sold out and turned India into a U.S. pawn. The challenge is to spin the nuclear deal as necessary for the country's continued prosperity - and as a bellwether signaling India's rising stature in the global community. The agreement, writes columnist Seema Chishti in the Indian Express newspaper, is a step toward "deciding what kind of India would rise to engage with the rest of the world and its neighborhood...

Author: /time Magazine | Title: Nuclear Brinksmanship | 7/17/2008 | See Source »

...Political Gaming Your story on presidential candidates' gambling habits was the most illuminating article on this election yet [July 14]. It's comforting to know that when prices are on the rise and low-income Americans resort to working two jobs to survive, Senator John McCain has the good sense to gamble with only "a few thousand dollars at a time" when playing games of chance. Thank you for reminding us that the sharp divide between the haves and have-nots is alive and well in America. Austin Hudson, Holladay, Utah...

Author: /time Magazine | Title: Inbox | 7/17/2008 | See Source »

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