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...Chrysler as a symptom. We are the classic microcosm of everything that is wrong with the U.S. You can list the problems. Energy? That's what cripples us. Inflation at 13%? Hold it, mine's higher than that because petrochemicals and lead are up more. Productivity? I'm glad you asked-we ain't got none. Sometimes when I wake up, I think of what I'm doing. Yeah, I'm trying to save a company but I never invent anything any more. I never create a job. Everything I do is to meet...

Author: /time Magazine | Title: Business: Lee lacocca's Hard Sell for Help | 10/8/1979 | See Source »

...deputy, Alexander Haig, Haldeman and I met with Nixon in his hideaway in the Executive Office Building. The President was in good form, calm and analytical. The only symptom of his excitement was that instead of slouching in an easy chair as usual, he was pacing up and down, gesticulating with a pipe on which he was occasionally puffing, something I had never previously seen him do. On one level he was playing MacArthur. On another he was steeling himself for a decision on which his political future would depend...

Author: /time Magazine | Title: Special Section: WHITE HOUSE YEARS: PART 2 THE AGONY OF VIETNAM | 10/8/1979 | See Source »

Like a man in his prime, American productivity had looked so robust, so deceptively healthy. From the end of World War II through the 1960s, it increased comfortably at an annual average of just over 3%. The first symptom of trouble struck in the 1970s, when gains started averaging half of that. They tumbled to 1.6% in 1977 and .4% in 1978. Now that most important measure of an economy's efficiency is showing the most alarming decline. Output per hour worked in private business dropped at an annual rate of 2.8% in this year's first quarter...

Author: /time Magazine | Title: Business: The Productivity Pinch | 8/27/1979 | See Source »

...slamming the door will not soon dispel the antagonism toward nonwhites that originally arose in the colonial era and was later compounded, as the Empire faded, by an uneasy feeling that racial diversity was yet another symptom of national decline. As one troubled Londoner complained to TIME, many Britons "have been made to feel that they don't belong to their own country any more." A white lawyer, speaking about a visit to the capital's racially mixed Peckham area, expressed a common lament: "I felt completely alien. I felt pressure...

Author: /time Magazine | Title: BRITAIN: Facing a Multiracial Future | 8/27/1979 | See Source »

...nations such as Japan, Germany and France have managed all along to thrive with mere fractions of the man-made coolness used in the U.S., and precious little of that in private dwellings. Here, so profligate has its use become that the air conditioner is almost as glaring a symptom as the automobile of the national tendency to overindulge in every technical possibility, to use every convenience to such excess that the country looks downright coddled...

Author: /time Magazine | Title: Time Essay: The Great American Cooling Machine | 8/13/1979 | See Source »

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