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...conviction that Government programs must be carefully reviewed to weed out those that do not work. Says Charles Peters, editor of the Washington Monthly and one of neoliberalism's gurus: "Liberals have automatically defended Government without scrutinizing whether it actually delivers the mail or builds a good tank...

Author: /time Magazine | Title: A Party in Search of Itself | 7/16/1984 | See Source »

...only Syria is a military menace. Yet that has not translated into psychological security. Three dozen years after its birth, Israel faces problems never imagined by Yaacov Zvieli and other founders. "We now disagree among ourselves on everything," says Major General Israel Tal, the father of his country's tank industry. "It is not the environment that has changed or the political realities. It is we who have changed." Says Knesset Speaker Menachem Savidor, a member of the Liberal Party: "It appears as if we have returned to the tribal period, to the days of Joshua and the Judges, when...

Author: /time Magazine | Title: What Next for Israel? | 7/9/1984 | See Source »

...develop the country's promising high-tech industries, which are derived in large part from weapons research; they did $1.5 billion in foreign business last year, up from $103 million in 1972. The Israeli arms industry is pinning its hopes on two big-ticket items. The Merkava tank is a new, wedge-shaped machine that can hold up to ten soldiers. Israelis like to point out that its $1.6 million price tag makes it the cheapest tank in the world. According to U.S. experts, the Merkava (Hebrew for chariot) outperformed the older U.S. M-60 tanks during the 1982 invasion...

Author: /time Magazine | Title: What Next for Israel? | 7/9/1984 | See Source »

...only to learn that an underground Jewish terrorist movement exists but by the list of those accused of taking part. Most of the suspects belong to Gush Emunim, the nationalistic religious group that has spearheaded the Jewish settlement movement in the occupied West Bank. Some are reserve paratroopers and tank commanders in the armed forces. One is a rabbi. The sight of these men, a few in their early 20s and most of them bearded and wearing skullcaps, being led into court has profoundly unsettled the country...

Author: /time Magazine | Title: What Next for Israel? | 7/9/1984 | See Source »

...Commerce Department, businesses plan to spend a record $309 billion this year for new plants and equipment, a 14.8% increase over 1983. "We seem to be in the midst of an investment boom," says Michael Levy, director of economic policy research at the Conference Board, a business supported think tank in New York City. In addition, manufacturing companies held wage and benefit increases last year to an average of 5.4%. Since worker productivity jumped 6.2%, U.S. industry managed its first reduction in labor costs in nearly two decades. Says U.S. Trade Representative William Brock: "We have taken this time...

Author: /time Magazine | Title: That Threatening Trade Gap | 7/9/1984 | See Source »

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