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...next six months consumer prices will rise by as much as a 6% annual rate, compared with last year's 4.4%. But others voice concern that the hike in the discount rate could damage the economy. Democratic Senator James Sasser of Tennessee is concerned that higher interest rates could strengthen the dollar and widen the trade deficit. A rising dollar tends to make U.S. exports less attractive to overseas consumers at the same time that imports become less expensive for American buyers...

Author: /time Magazine | Title: Trying To Halt Inflation's Charge | 8/22/1988 | See Source »

...terms of impact on the fall election, Jackson's deal with Dukakis is a decidedly mixed bag: some major concessions, some quite minor. But nearly everything in the package is intended to strengthen Jackson's forces for the next round of his "endless campaign," in 1992 or 1996 or both. Details...

Author: /time Magazine | Title: The Democrats: What Jackson Got | 8/1/1988 | See Source »

...reforming the P.R.I. The party is working hard to make the transformation that Mexican reality demands. The party's own transformation will take place at the proper time, by the members of the party, to strengthen the party...

Author: /time Magazine | Title: We Will Enter a New Era | 7/18/1988 | See Source »

...could threaten Gorbachev's position if it remains unresolved. "What is happening around Nagorno-Karabakh is a blow to perestroika, possibly the most serious blow in recent times," warned the youth newspaper Komsomolskaya Pravda. "This is a challenge to the ideals of glasnost, a chance for conservatives to strengthen their point of view...

Author: /time Magazine | Title: Soviet Union The First Hurrah | 6/27/1988 | See Source »

...that their new passion is profoundly good for them and that the world would be not just a prettier but a healthier and better place if more people joined them in the out-of-doors. There is some theory to this: the smell of basil was long thought to strengthen the heart and take away melancholy, while the scent of violets was considered an aid to digestion. It cannot be an accident that gardeners so often last so long. Cato the Censor, a fine source on growing cabbages, lived to 85, a very old age in ancient Rome. Medieval Theologian...

Author: /time Magazine | Title: Paradise Found: America Returns to the Garden | 6/20/1988 | See Source »

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