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John McCain might seem like a long shot. He's the presumptive Republican nominee at a time when the two-term Republican President is wildly unpopular and Republicans are losing elections in perennially Republican districts and the party base isn't exactly drooling over him. He supported the President's unpopular efforts to transform Iraq and revamp Social Security; he was against the Bush tax cuts before he was for them. He's a 71-year-old Washington hand in a change election. And his 46-year-old opponent is a lot better at raising money, delivering speeches, drawing crowds...

Author: /time Magazine | Title: Never Underestimate McCain, But ... | 7/22/2008 | See Source »

...fashioned conservative self-reliance, which went over like a lead balloon, and was eventually replaced with a more aggressive plan for government assistance. He has changed or shaded his positions on offshore drilling, the estate tax, ethanol, immigration and a host of other issues. He can't seem to decide whether to run as a maverick and risk demoralizing a GOP base that already mistrusts him or run as a conservative and risk alienating swing voters who already miss the John McCain of 2000. And his campaign - which survived a near-death experience in the primaries - is in seemingly perpetual...

Author: /time Magazine | Title: Never Underestimate McCain, But ... | 7/22/2008 | See Source »

Nonetheless, compromise seemed in order, especially after Administration officials quietly pressured Wolper. Just to be sure ABC got the message, Interior Secretary Donald Hodel issued a statement last week saying that public events ''held on Interior-administrated property should be open to the media.'' The next day ABC announced that the other networks could air the opening ceremony remarks made by Hodel and Chrysler Chairman Lee Iacocca, who heads the foundation that raised funds for the statue's restoration. ABC's competitors will also carry the speeches of Navy Secretary John Lehman and French President Francois Mitterrand, as well...

Author: /time Magazine | Title: GIVE US YOUR TV CAMERAS But only for 16 minutes, unless they belong to ABC | 7/21/2008 | See Source »

...last negotiations at U.S. Steel, there were more than 1 million American steelworkers. Today there are fewer than 700,000, and employment is projected to fall about 15% further by 1995. The anxieties and woes of the steel industry's shrinking labor force, and the debate surrounding that predicament, seem all too symptomatic of the troubles and uncertainties that are engulfing much of U.S. manufacturing these days. The hard fact is that the nation is coping with one of the most wrenching economic transitions since the turn of the century. Despite the Reagan Administration's upbeat talk of continuing economic...

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 »

...Tourists in Alaska become old hands quickly, but at first view it is not merely whales and glaciers and steaming volcanoes that are marvels. The tiny single-engine floatplanes and ski-planes themselves, the delivery vans and taxis of the roadless north, are just as scary and exotic. They seem as unsubstantial as bicycles, all wires and struts. Wedge yourself into the right-hand front seat next to the pilot, and you may discover that you have a fully operable wheel in your lap and control pedals underfoot. You don't get pedals on the Eastern shuttle. The tourist...

Author: /time Magazine | Title: IN ALASKA, THE PARTY IS ON A light-struck wilderness awes new visitors | 7/21/2008 | See Source »

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