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...trade deficit of $3.1 billion in 1974. Two reasons: the recession slowed down imports, especially of oil; and American inflation, though high, was lower than in most other major industrial countries, increasing the competitiveness of made-in-U.S. products abroad. Next year the surplus is likely to shrink; as production revives in the U.S., the quickening tempo will pull in more imports...

Author: /time Magazine | Title: OUTLOOK/BOARD OF ECONOMISTS: The Year Ahead: A Portrait in Pastels | 12/22/1975 | See Source »

...hotel room before agreeing to take the room is a gesture peculiar to the European bourgeoisie. Souffle du Coeur is at heart a comedy of sexual manners, but a tender one. It's never maudlin, but it's not the kind of W est-Side-shrink humor you'd expect from a comedy about incest, either. Funny movies can be morally sane, Malle proves...

Author: By Paul K. Rowe, | Title: THE SCREEN | 12/11/1975 | See Source »

...humorous sequences in The Tutor, Fritz's father, after listening to him generously forgive his sweetheart's unfaithfulness, presents him with the product of her dalliance, a baby boy. "My son," he says, "having justified the cause, will you shrink back from the effect?" If the effect of Loeb attempts to breathe life into second rate plays is to produce more debacles like this one, a little shrinking back, not to mention a plucking out of the offending eye, might not be such a bad idea...

Author: By Julia M. Klein, | Title: If Thy Eye Offend Thee | 10/29/1975 | See Source »

...long can the A.J.A.s' political power endure? Today they account for almost 40% of all Hawaii's registered voters, but that percentage should shrink gradually as more and more mainland whites, Samoans and Filipinos migrate to the islands. In any case, A.J.A. politicians have found it necessary to play down their ethnic appeal, both as a balm to non-Japanese and in recognition of the fact that many A.J.A.s, especially young ones, are disinclined to vote on ethnic lines. "There is always this thing about how so-and-so is the first Japanese to become such-and-such...

Author: /time Magazine | Title: HAWAII: The AJ.A.s: Fast-Rising Sons | 10/20/1975 | See Source »

...public school employees, scarcely looks like an earthshaker. In fact, he could easily pass for what he once was: a full-time schoolteacher. He wears thick glasses and is virtually blind in one eye; his face droops in a hangdog expression, and a habitual slouch seems to shrink his 6-ft. 3-in. frame. What places Shanker in the megaton range is the power he wields...

Author: /time Magazine | Title: The Nation: Albert Shanker: 'Power Is Good' | 9/22/1975 | See Source »

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