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...promoted immediate consumption instead of investment for the future. Their fundamental warning: America has been living off, and eating into, its capital stock. Many of its factories and machines have become outmoded; its old industrial cities have become rundown; its work force has become less productive; real growth has swung low while demand has remained high. The nation is, in short, losing its economic edge in the world, and the hour is late?very late...

Author: /time Magazine | Title: To Set the Economy Right | 8/27/1979 | See Source »

...President's position swung full circle since he backed the deadweight Shah in the showdown in Iran a few months ago. In an act of rare decisiveness, Carter made it clear to President Anastasio Somoza that despite his appeals, the only aid he could hope for from the U.S. was as a refuge...

Author: By Sarah L. Mcvity, | Title: A Simple Twist of Face | 8/10/1979 | See Source »

Consider his analysis of the Middle East. "The Shah's Iran" is "the only stable right-wing country in the area." Israel, with its powerful army, has become a neutral nation. And Egypt has once again swung over into the Soviet camp. Perhaps it would be spiteful to point out to General Sir John that, despite his access to top-secret documents, he has missed the basic point of recent U.S. military policy in the Eastern Mediterranean--to keep Israel as a friendly naval and air base in light of the instability of both Greece and Turkey...

Author: By Scott A. Rosenberg, | Title: Armchair Armageddon | 8/7/1979 | See Source »

Although both sides are equally matched in rhetoric, the advantage on the field had been held for several years by the pro-choice forces, fighting mainly in the courts. Now the momentum has swung to the pro-life groups, and the struggle has shifted to the political arena. The pro-lifers operate on the premise that in a close election, a single-issue group's ability to arouse legions of morally and religiously inspired campaign workers and voters can provide a decisive edge at the polls. The beneficiaries are usually conservative candidates. Moreover, to increase their clout...

Author: /time Magazine | Title: Nation: The Fanatical Abortion Fight | 7/9/1979 | See Source »

...wanted Scotch to take me off to sleep....My mind just kept driving. I hoped it would take a wrong turn and smash itself against a concrete divider. I was going someplace fast, weaving toward it. Finally, my mind swung through a turn and hit the brakes...

Author: By Katherine P. States, | Title: After Law School--What? | 5/25/1979 | See Source »

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