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...hold wage increases to a maximum of $12 per week, thus slowing the inflationary spiral. In addition to wage restraint, the Labor government is seeking to put Britain's nationalized industries, which have eaten up $18 billion in taxes and loans over the past few years, on a sounder economic footing. Instead of being run for such "social goals" as full employment and regional development, the nationalized industries, which account for 11% of Britain's $187 billion G.N.P., are now being told to earn profits, and outstanding businessmen from the private sector are being brought...

Author: /time Magazine | Title: BRITAIN: Edging Back from the Brink | 1/12/1976 | See Source »

...turn to others in order to make sure that such an objective is realized. Those others are doctors, teachers, camp counselors, "experts" of various kinds; they are the men and women who, it is hoped, will year by year work on a child, make him or her stronger, sounder, more ambitious, more effective, more competent-better able to get ahead and, very important, able to "cut the mustard," meaning deal with the difficulties and obstacles that present themselves to people in a highly advanced and still quite competitive society. In the background lurks fear: Will my child lose, will...

Author: /time Magazine | Title: Bicentennial Essay: Growing Up in America--Then and Now | 12/29/1975 | See Source »

...spendthrift. Still, Reagan held state employment to about 116,000, an increase of less than 10%, compared with the 75% increase of Brown's years. Moreover, Reagan substantially raised state aid to schools and other local services. Unquestionably, he left California's state government on a sounder fiscal footing than he found it when he came to office. In contrast to the $194 million deficit he inherited from Edmund G. Brown Sr., Reagan bequeathed a $500 million surplus to his successor, Edmund G. Brown...

Author: /time Magazine | Title: REPUBLICANS: THE STAR SHAKES UP THE PARTY | 11/24/1975 | See Source »

Woody Allen and Zero Mostel playing it straight? Director Martin Ritt (Sounder, Hud) has unsmilingly cast the two in Columbia Pictures' The Front, a drama about Hollywood blacklisting in the '50s. For Mostel it's all bitter experience, for he was interrogated by the House Un-American Activities Committee in 1955 and scorned by movie producers for a decade. For Allen, playing a bookie who lets a blacklisted writer use his name, drama is all new, and he claims to be, as usual, nervous. "I can't guarantee the outcome," he says...

Author: /time Magazine | Title: People, Oct. 27, 1975 | 10/27/1975 | See Source »

...seems to me that Mr. Kissinger's foreign policy is being ruined by assumptions and conceptions that have burdened the conduct of our foreign relations for decades and that the Secretary of State has been unwilling or unable to replace with sounder conceptions and assumptions. I am thinking here particularly of the status quo policy that Mr. Kissinger and his predecessors have pursued throughout the world, preferring conservative or authoritarian governments to forces of radical reform or revolution. While the Secretary of State has been able to shed the obsession with ideology in his dealing with the Soviet Union...

Author: /time Magazine | Title: Forum, Apr. 21, 1975 | 4/21/1975 | See Source »

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