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...times it was staged in World Cup competition; this season he is three for three. In the slalom (a shorter, steeper course with more gates and sharper turns), his win rate approaches 50%. Says Phil Mahre, his friend and rival: "He is really a fantastic skier, especially on a steep course. He changes edges like nobody else...

Author: /time Magazine | Title: Sport: Giant in the Slalom | 2/11/1980 | See Source »

...guns-plus-butter spending program is being paid for by still heavier tax loads. Says Republican Congressman Barber Conable: "That's the Carter strategy: to balance the bud get by tax up-creep." The President's skillfully crafted election year strategy of higher federal spending combined with steep taxes, however, could still be upset by howling taxpayers on the verge of revolt...

Author: /time Magazine | Title: Business: A Budget of Two Big Rises | 2/4/1980 | See Source »

...miles from Shreveport. It was flying at 41,000 ft., 5,000 ft. above the maximum altitude for which it is certified, and presumably on automatic pilot. Zoerb tried to make contact with the Cessna by radio, but got no answer. He saw the plane go into a steep dive and crash into the Atlantic Ocean. Aviation officials theorize that Rein and Benscotter had passed out from lack of oxygen and that the Cessna had flown itself hundreds of miles before disappearing into...

Author: /time Magazine | Title: Nation: Unseen Hand | 1/21/1980 | See Source »

...when Jimmy Carter should be pushing hardest to cut consumption and conserve supplies, he seems to be taking a surprisingly soft approach. Not only has the Administration shelved plans to levy a $5 per bbl. tariff on foreign crude, but it has also backed off from calling for a steep new gasoline tax of perhaps 50? a gal. The tax had been urged by John Sawhill, Deputy Secretary of Energy, and supported by Treasury Secretary G. William Miller, Chief Presidential Economist Charles Schultze and James Mclntyre, Director of the Office of Management and Budget. But, said a high Administration official...

Author: /time Magazine | Title: Business: Retreat on the Energy Front | 1/21/1980 | See Source »

...American West, Alaska and the oceans bordering the U.S. contain vast unmined natural resources that hold the longer-term promise of more domestic sufficiency and security. These minerals often remain in the ground or under water because of ecological concerns or the higher profits that firms can earn abroad. Steep mining taxes in Minnesota, Montana and other states have also discouraged digging. Geologists have singled out 40,000 acres of federal land in Idaho as a possible source of cobalt. Yet last November the Senate Energy and Natural Resources Committee designated 2.2 million acres surrounding the site as a wilderness...

Author: /time Magazine | Title: Business: Strategic Metals, Critical Choices | 1/21/1980 | See Source »

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