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Harvard Professor Martin Feldstein, who was President Reagan's economic adviser between 1982 and 1984, said that a growing number of Congressmen seem willing to trim Social Security, despite the political risks. The lawmakers will certainly not cut the size of current benefits, but they might reduce future cost of living allowances (COLAs), which are payment increases linked to the inflation rate. One option, Feldstein suggested, would be to limit COLAs to the amount of inflation in excess of 3%. They would then be "diet COLAs," he quipped. If that strategy were adopted for Social Security and all other programs...

Author: /time Magazine | Title: The Zesty Forecast for '85 | 3/11/1985 | See Source »

Harvard did cut the lead to 48-44, and had a shot to trim it to two. But Bob Ferry's turnaround jumper with 25 seconds to go hit hard off the backboard. The ensuing fight for the rebound then set off the fight...

Author: By Jeffrey A. Zucker, | Title: Tigers Knock Out Crimson Cagers, 52-45 | 2/25/1985 | See Source »

...center are two of the movies' most engaging young actors: Goldblum, with his stolid, vulpine charm, and Pfeiffer. Trim, smart and drop-dead gorgeous, Pfeiffer has been nibbling at stardom since her stints in Grease II and Scarface. Now, by animating this sparkling thriller-satire with her seen- it-all elegance, she has every right to feast...

Author: /time Magazine | Title: Cinema: In the Kingdom of Chic and Sleaze into the Night | 2/25/1985 | See Source »

...want to get more specific," he says, fearing, apparently, that he will be cornered and trapped in that little state, which is, after all, only about twice the size of England. But there he probably does relax, and perhaps even forgets for a while about keeping in trim for his next Indiana Jones film, which is scheduled to begin shooting next January. "I'm just an ordinary 42- year-old creaky bag of bones," he says, "and I have to work out to get in shape for a film...

Author: /time Magazine | Title: Harrison Ford: Stardom Time for a Bag of Bones | 2/25/1985 | See Source »

...made the scapegoat for problems that were largely beyond his control. Indeed, the entire French auto industry has been hard hit by recession and government austerity measures; total car sales in France dropped by 12.9% in 1984. Moreover, Hanon was hampered by the government in trying to trim his work force of 98,000. Says one company official: "The government asked too much of Bernard Hanon, to be an effective corporate executive and to run Renault as a social showcase." Hanon attempted to toe that fine line with a plan that called for a reduction of some 9,000 jobs...

Author: /time Magazine | Title: Revolving Door & A new boss for ailing Renault | 2/4/1985 | See Source »

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