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...foreign moneymen worry about the Carter Administration's resolve to hold down inflation at the cost of higher unemployment as the 1980 political campaign picks up steam. They found fresh reason for skepticism last week: it was revealed that to get the unions to join in the Carter anti-inflation program, the Administration agreed not to try to penalize any violators of the "voluntary" wage and price guidelines. Miller attempted to soothe his colleagues in Belgrade by promising that the Administration would "stay the course" in battling inflation, but doubt remained. Said one West German Cabinet minister: "The problem...

Author: /time Magazine | Title: Business: Shrinking Role for U.S. Money | 10/15/1979 | See Source »

...time Nixon and I returned from the May 1972 summit in Moscow, Hanoi's spring offensive had run out of steam. With our bombing and mining making themselves felt, the North Vietnamese army was stalled. Our twin summits, in Peking and Moscow, had undoubtedly engendered a sense of isolation in the North. And they had greatly strengthened Nixon's domestic position, thus removing Hanoi's key weapon of leverage on us. In June we received the first inconclusive hints that Hanoi might be engaged in cease-fire planning. By the middle of September, the evidence was unmistakable...

Author: /time Magazine | Title: Special Section: WHITE HOUSE YEARS: PART 2 THE AGONY OF VIETNAM | 10/8/1979 | See Source »

...fact, the core's products are cool enough to generate steam safely. Thomas Jones, MIT vice president for research, said yesterday the reactor body fills with hot but not scalding water. "The energy at that temperature isn't very useful, but it's very safe," he said. "In fact, if people had been energy-conscious then as they are now, we could have used the energy to heat these buildings...

Author: By Elizabeth H. Wiltshire, | Title: The Reactor in Cambridge's Backyard | 10/3/1979 | See Source »

...found it. Complaining that they had been doublecrossed by the Administration, the hawks voted against the bill, contributing to its defeat, 213 to 192. This week House Speaker Tip O'Neill and fellow Democratic leaders will try to find a compromise; now that the conservatives have let off steam, the chances of doing so seem good...

Author: /time Magazine | Title: Nation: Not Yes Men | 10/1/1979 | See Source »

...transportation sector, the Project, recognizing that the automobile is likely to remain an American fixture, recommends more stringent gasoline mileage standards instead of massive investment in mass transit. The government should grant very high tax credits to industry for mundane improvements like furnace maintenance, lighting adjustments, plugging leaky steam traps, recovering, installing insulation and developing more efficient technologies to replace the existing capital stock. Indeed, it's the very banality of such measures that is the primary problem with conservation--the approach just doesn't lend itself to any heartrending, grandious schemes like the Manhattan Project or landing...

Author: By Richard F. Strasser, | Title: Sunshine at the B-School | 9/17/1979 | See Source »

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