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...industry was beleaguered in the early 1980s, but not so close to the brink of doom as many observers believed. Between 1970 and 1984, manufacturing output rose 53%, almost as strong an increase as the 62% in services. While many companies laid off factory workers, new industrial firms sprang up and others expanded, so that the total number of manufacturing jobs remained fairly constant. Meanwhile, employment in service businesses shot up 47% between 1970 and 1984, but that was partly because productivity growth was much lower in those areas than in manufacturing...

Author: /time Magazine | Title: Big Wheels Turning: The dollar's decline helps American manufacturers | 3/14/1988 | See Source »

...does, from the infinitesimal to the infinite, from the subatomic realm to the far reaches of the universe. In the course of these mental expeditions, Hawking has conceived startling new theories about black holes and the tumultuous events that immediately followed the Big Bang from which the universe sprang. More recently, he has unsettled both physicists and theologians by suggesting that the universe has no boundaries, was not created and will not be destroyed...

Author: /time Magazine | Title: STEPHEN HAWKING: Roaming the Cosmos | 2/8/1988 | See Source »

Moreover, Gorbachev would hardly be Gorbachev if he did not have some surprises in store, and he sprang a not entirely welcome one even before setting off for Washington. He unexpectedly accepted an invitation to drop in on British Prime Minister Margaret Thatcher en route to the U.S.; they will confer for four hours in London next Monday. Soviet diplomats hinted that their boss may be preparing to demand that the independent British and French nuclear forces be reduced as part of a START deal. Arms Negotiator Victor Karpov remarked that if a START agreement with the U.S. is reached...

Author: /time Magazine | Title: Reagan and Gorbachev: The Odd Couple | 12/7/1987 | See Source »

...talk to anybody that Osborne and I never caught on. Being a man of the far 'burbs, I am mystified about the dark mutterings of Georgetown cocktail parties. But then Nixon and a lot of others often used Georgetown as a handle for the source of any evil that sprang...

Author: /time Magazine | Title: The Presidency: How I Made the Enemies List | 6/8/1987 | See Source »

...from Belfast. Just before the device exploded, wrecking the building, masked terrorists leaped from a blue van and raked the post with gunfire. But the station was empty; tipped off in advance, the police had cleared out. Suddenly a team of the British army's crack Special Air Service sprang from hiding and opened fire...

Author: /time Magazine | Title: Northern Ireland: Getting Tough With the I.R.A. | 5/18/1987 | See Source »

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