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...economic advisers are unable to work well together. Kahn does not get along with his council's director, Barry Bosworth, and has set up his own little bureaucracy separate from the wage and price guidelines program a block away. Blumenthal has been squabbling with Trade Negotiator Robert Strauss. At a Cabinet meeting last month, the Treasury Secretary accused Strauss of having worked out a sweetheart deal with the textile industry that limits imports, in exchange for its support of the Tokyo Round of tariff reductions. Strauss claims his actions were politically necessary...

Author: /time Magazine | Title: Nation: Advice and Dissent | 4/23/1979 | See Source »

...countries, and they have sought to protect their industries by raising all kinds of nontariff hurdles. Though world trade continued to expand, reaching an estimated $1.3 trillion last year, the rate of growth slowed, causing concern that the global economy would stagnate. Until about two years ago, when Robert Strauss arrived on the scene as the special U.S. representative, the trade talks were going nowhere. Strauss's closeness to President Carter gave him entree to top foreign leaders, and he used it, with McDonald's help, to get the negotiations back on track...

Author: /time Magazine | Title: Business: Moving Toward Freer Trade | 4/23/1979 | See Source »

...dawn of the nuclear age, Atomic Energy Commission Chairman Lewis L. Strauss predicted in 1954 that atomic fission would produce electricity so abundantly and cheaply that it would not have to be metered: the American people could just pay a low monthly charge and use as much as they wished. That naive optimism has long since vanished in the wake of zooming construction costs, endless delays in getting plants built and growing public opposition. In 22 years of commercial operation, nuclear power has won only a modest role in the nation's total energy picture. Now, in the shock...

Author: /time Magazine | Title: Nation: Atomic Power's Future | 4/9/1979 | See Source »

...Kling, president of Landmark Bancshares of Missouri, who used to work with U.S. Trade Negotiator Robert Strauss, helped raise money for the gala. Acting on White House authority, he persuaded at least 13 companies and banks (including Xerox, Bank of America and Chase Manhattan Bank) to ante up 5,000 tax-deductible dollars apiece. The White House did not say how much it raised for the dinner, which cost more than $80,000. Anything extra would come out of the State Department's entertainment budget. When questions were raised about the propriety of soliciting private cash, the White House...

Author: /time Magazine | Title: World: The Feast of Joy | 4/9/1979 | See Source »

...know if there have been many complaints about the Class of '54 reunion comittee's nudie poster, but I would like to assure your readers that there are many women (and men) who find it offensive. Messrs. Arnold, Strauss and Hill may not acknowledge it, but I submit that they chose an unzipped female figure for their poster to create a leering, sophomoric tone which they thought would attract their 45 year-old-plus classmates back to the scene of their frisky undergraduate lives...

Author: NO WRITER ATTRIBUTED | Title: Withdraw the Poster | 4/9/1979 | See Source »

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