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...forecast at $20 billion, then revised last November to $27 billion. Now government sources expect the deficit to exceed $30 billion, an increase of $7 billion over last year's deficit. To compensate, Thatcher and her Cabinet are now talking about imposing new taxes. Ironically, it is the private sector???the area of her prime concern and source of her strongest support in the last election?that is suffering the most...

Author: /time Magazine | Title: Britain: Embattled but Unbowed | 2/16/1981 | See Source »

...book did more than add a colorful catch phrase to the language. With its analysis of poverty in America and its plea for greater attention to the public sector???housing, police, mass transit, education and welfare?it established clear guideposts for both the New Frontier and the Great Society. Galbraith offered the best summation of its philosophy when he testified against tax reduction before a congressional committee in 1965. "I am not quite sure what the advantage is in having a few more dollars to spend," he said, "if the air is too dirty to breathe, the water too polluted...

Author: /time Magazine | Title: Opinion: The Great Mogul | 2/16/1968 | See Source »

...rebel loomed one Juarez Tavora. He began the week a captain, ended it a general. Operating in the northern rebel sector???that is, north of Rio de Janeiro?this young daredevil was credited with seizing the state governments of Parahyba and Pernambuco, whence he advanced south upon the huge state of Bahia which adjoins Minas Geraes. Like a dashing Phil Sheridan the "General" moved his army with such vigorous celerity that he was several times reported to be in several places at once...

Author: /time Magazine | Title: BRAZIL: North & South v. Centre | 10/20/1930 | See Source »

Despite these obstacles, Journey's End as a talking picture is a sensitive, faithful and brilliant photograph of a great War play. The story is a pattern loosely and skillfully woven around the lives and characters of certain British officers in a front line sector???their amusements, memories, meals, relations to each other?all unified by the abstract presence of a power bent on destroying them, and which does in the end destroy them. These soldiers are heroic, but with a kind of heroism never before depicted on the screen?a makeshift heroism, concocted in despair as the best...

Author: /time Magazine | Title: Cinema: The New Pictures Apr. 21, 1930 | 4/21/1930 | See Source »

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