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...trim, well-dressed lawyer from Santiago, Jorge Blanco, 55, advocates a mix of social liberalism and fiscal conservatism to steady the Dominican Republic's badly faltering economy. Like his predecessor, Antonio Guzmán Fernández, he faces an economy burdened with sharply higher oil costs (from $60 million in 1977 to an estimated $600 million this year) and depressed prices for such export commodities as sugar, gold, coffee and ferronickel. Almost half of the Dominican work force is either unemployed or underemployed...

Author: /time Magazine | Title: Dominican Republic: Sweet Victory | 5/31/1982 | See Source »

Democrats, who view Social Security as one of the New Deal's proudest achievements, howled that the Republicans were trying "to balance the budget on the backs of old people." The Budget Committee in the Democrat-controlled House last week passed a competing resolution to trim federal deficits primarily by reducing military spending and raising non-Social Security taxes...

Author: /time Magazine | Title: Social Security: A Debt-Threatened Dream | 5/24/1982 | See Source »

...count on continuing to collect at least that much, unless the trust funds do indeed run dry. But it seems imperative to keep future inflation from pushing up benefits as rapidly as it did from 1975 to 1981. Besides saving money for the trust funds and helping to trim the overall budget deficit in the short run, a limit on future increases could also help build up reserves to soften the 21st century's demographic crunch. Any increase decreed now will almost certainly be frozen into the benefit rates paid to future retirees; the cumulative cost over the decades...

Author: /time Magazine | Title: Social Security: A Debt-Threatened Dream | 5/24/1982 | See Source »

...church on Sunday, to jog or to attend the funerals of old friends. His daughter Amy, now 14, tries to get him to catch a movie in nearby Americus, but he is rarely inclined to do so. Every six weeks Carter goes to town to get a trim from Norinne Lowell at the local barbershop. He never goes out to buy his clothes, but orders them by mail from a designer friend in Bowdon, Ga. Even his White House secretary for four years, Susan Clough, who returned to Plains to work for Carter, conversed with him only a couple...

Author: /time Magazine | Title: Jimmy Carter: This Is My Place | 5/24/1982 | See Source »

...afternoon and Carter began looking for his wife. Rosalynn was in the kitchen, a red bandanna on her head, wearing white sneakers, a white pullover sweater and blue slacks. She looked fresh and trim, and he hugged her for a moment. The Carters eat every meal together and share the washing-up chores, do sit-ups before jogging and regularly view the evening news together. They have watched Reagan's press conferences, and Carter says he can quickly recognize what Reagan knows-and does not know. For the first six months after they returned to Plains, Rosalynn could...

Author: /time Magazine | Title: Jimmy Carter: This Is My Place | 5/24/1982 | See Source »

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