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It can hardly be called a boom, but Western Europe's recovery, still somewhat tentative only six months ago, is now taking root and slowly spreading. Healthy profits in many industries are turning out to be the best possible antidote to the fashionable Europessimism that only a few months...

Author: /time Magazine | Title: Play It Another Way, Sam | 7/23/1984 | See Source »

Despite the spreading upswing, however, Western Europe continues to suffer from high unemployment. The jobless rate is expected to remain at 10% in 1984 and decline next year by a mere half a percentage point. Michael Emerson, Chief Forecaster for the Commission of the European Communities and a guest at...

Author: /time Magazine | Title: Play It Another Way, Sam | 7/23/1984 | See Source »

Despite the underlying strength of the recovery, which Brittan compared with the "golden age" before the first oil crisis in 1973, the slow upward creep of unemployment-now at 12.5%-has not halted. The problem, according to Brittan, is that labor is taking the fruits of the economic upswing in...

Author: /time Magazine | Title: Play It Another Way, Sam | 7/23/1984 | See Source »

Nationally, too, the biggest problem for the apparent Democratic nominee is that the U.S. economy seems robust. Voters follow their pocketbooks, and the latest upswing in the economic cycle has coincided with Reagan's re-election campaign. Unemployment (7.4%) is down from double digits to roughly where it was...

Author: /time Magazine | Title: Tackling the Teflon President | 6/18/1984 | See Source »

Chains continued to buy up U.S. dailies, large and small, during the past ten years, but despite fears of bland homogenization, the average local paper generally grew better. The biggest group, Gannett (85 dailies), has shifted emphasis from moneymaking boosterism to enterprising reporting. Old-fashioned women's pages have...

Author: /time Magazine | Title: Press: The Ten Best U.S. Dailies | 4/30/1984 | See Source »

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