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Budget-strained state and local authorities are also becoming disenchanted with the salary escalator ride. In November, the Chicago Transit Authority sought to alter a contract provision that guaranteed its bus drivers virtually complete wage protection against inflation. The drivers struck for four days, but went back to work under a court order. They were finally forced to accept a new COLA agreement that raised salaries by only 55% of the inflation rate...

Author: /time Magazine | Title: Business: Inflation's COLA Cure | 7/28/1980 | See Source »

...only a few years ago were being written off as decaying disaster zones. Now the ever-threatening gas shortages, combined with the high cost of commuting by auto, have caused many companies to retain and even expand their offices in city centers. The long overdue establishment of efficient mass transit systems in many cities is also helping to renew urban areas. For example, by 1985 an executive in Atlanta will be able to step from the planned Georgia-Pacific Center on Peachtree Street and arrive 15 min. later by subway at the international airport. Downtown Dallas is experiencing its strongest...

Author: /time Magazine | Title: Business: Boom in the Sky | 7/21/1980 | See Source »

...TRANSIT OF VENUS by Shirley Hazzard Viking; 337 pages; $11.95 " Venus can blot out the sun," the heroine of The Transit of Venus cries out, racked by her unremitting passion for a man who repeatedly abandons her. Astronomically, the observation is inaccurate. Still, there can be no doubt that Shirley Hazzard's Venus has eclipsed other recent efforts to illuminate the unending agonies of obsessive love. "The tragedy is not that love doesn't last," says another of the novel's sufferers. "The tragedy is the love that lasts...

Author: /time Magazine | Title: Books: Star-Crossed | 7/14/1980 | See Source »

...York City, she selected Italian backgrounds for her two earlier novels, The Evening of the Holiday and The Bay of Noon, and for several of her short stories. Even more pungent and persuasive, however, are her evocations of Australia and of English middle-class society in The Transit of Venus. Of Grace and Caro's Australia, Hazzard writes: "To appear without gloves, or in other ways suggest the flesh, to so much as show unguarded love, was to be pitchforked into brutish, bottomless Australia, all the way back to primitive man. Refinement was a frail construction continually dashed...

Author: /time Magazine | Title: Books: Star-Crossed | 7/14/1980 | See Source »

Americans are now defensively aware of their history: they are in transit from a Ptolemaic to a Copernican view of themselves, and a scaling down of their range and ambitions in the world. The diminution, even the implicit insult of the process, is painful. It prompts some insistent revisions in the creed. Where once equality of opportunity was enough (there seemed an immense river to drink from, why give out numbers?), the continent is sufficiently depleted to start a crisis in political philosophy. Who gets what? And why? Equality of opportunity competes with equality of result. Where once the able...

Author: /time Magazine | Title: Rediscovering America | 7/7/1980 | See Source »

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