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...most projections the deficit will continue to go up. Recalculating the figures after last week's tax changes and spending cuts, and assuming a roughly halfway compromise on military outlays, congressional budgeteers now predict $174.2 billion of red ink in fiscal 1984, which ends Sept. 30. That would swell during each of the following three fiscal years, to $201.2 billion in 1987. How then can anyone talk about deficit "reduction"? Only by calculating that if nothing were done, the gap would yawn even wider, to $269 billion three years from...

Author: /time Magazine | Title: Slowing the Surge of Red Ink | 7/9/1984 | See Source »

...Mazzoli, as passed by the House, has stirred so much controversy that it might kill the whole bill. It would permit farmers, mostly in California, to import migrants to pick crops that would otherwise rot for lack of field hands. Opponents charge that those "guest workers"-the total might swell to 500,000-would be cruelly exploited. Cesar Chavez, president of the 40,000-member United Farm Workers, calls the provision a "rent-a-slave" program; the AFL-CIO and Senator Simpson also denounce it. The provision will probably be modified or dropped in the House-Senate conference...

Author: /time Magazine | Title: But Can It Work? | 7/2/1984 | See Source »

Some gadgetry from Japan and its Asian neighbors helps swell the confusion. Says Bob Budnek, a former Atlanta audio consultant: "The instructions are written in Japan, translated in Japan and printed in Japan, and sometimes the intention of making it clear to people in English does not come through." For example, the directions for one Japanese-made turntable cartridge advise, "Furthermore, cantilever would be damaged when the stylus guard is touched and detouched." Even simple points about simple products can get lost in translation. The instructions for Swimotor, a Hong Kong-made toy that pulls children through water, warn that...

Author: /time Magazine | Title: How Does This #%*@! Thing Work? Instruction Manuals | 6/18/1984 | See Source »

...neighboring Brazil, government leaders found themselves painfully squeezed between the IMF and its sister agency, the World Bank. The bank wants to lend Brazil $1.4 billion for major devel opment projects, but the credit has been held up because it would swell Brazil's money supply beyond limits set by the IMF as a condition...

Author: /time Magazine | Title: Putting Off the Reckoning Day | 6/11/1984 | See Source »

...contracts with the state to sell a fixed amount of produce at a set price each year. After that level was reached, the workers could then sell any surplus to the state at a markup of 50% or on the open market at whatever price they could get. To swell production further, Deng hiked the price the government would pay for grain by 23%, while urging farmers to supplement their incomes by raising vegetables, poultry or pigs on the side...

Author: /time Magazine | Title: China: Capitalism in the Making | 4/30/1984 | See Source »

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