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...even some progress. But now, with the country still needing to do a great deal better, it stands at the verge of deliberately doing worse. Reason: a Department of Transportation plan that would amputate 12,000 miles from Amtrak's 27,500-mile system. It would also wipe out some popular trains, including the Washington-New Orleans Crescent and New York-Canada Montrealer. This would be accompanied by slashes in Amtrak funds, forcing the company into offering truncated services at higher fares...

Author: /time Magazine | Title: Time Essay: The Sad State of the Passenger Train | 5/21/1979 | See Source »

...victims. "It was a setup that was meant to be a lesson to others," declared Senator Miguel Hernández Agosto, head of the island's once ruling Popular Democratic Party. "The Governor planned it all. It was part of a systematic plan to wipe us out," charged Socialist Leader Juan Mari Bras...

Author: /time Magazine | Title: Nation: Death at Cerro Maravilla | 5/14/1979 | See Source »

...taxes at all on their foreign profits. The basic reason: if a company has to pay taxes of more than 46% on its profits in a foreign country, the excess is counted as a credit. Then the company can use the credit to reduce or even totally wipe out income taxes owed...

Author: /time Magazine | Title: Inside the Big Oil Game | 5/7/1979 | See Source »

...sexes. Before I go on, let me say that I am an avid feminist. I've marched for ERA, fought for abortion rights, cursed Phyllis Schafly in my sleep, and waved Title IX in the faces of numerous administrators. But why should the sexes be treated so differently? To wipe out these unfair and degrading differences in treatment, it's important that all people, male and female, work together and discuss the problems of sexism openly. To exclude males, as RUS did with this women-only dining hall, is a severe blow to this process...

Author: NO WRITER ATTRIBUTED | Title: A Sexist RUS | 3/2/1979 | See Source »

...added 3% a year to the capital investment supporting each man-hour of work. Since then this capital-labor ratio has increased only 1.75% annually. Economists argue fiercely whether the chief reason has been tax policies that favor consumption over investment or business fear that recession and/or inflation will wipe out the profit on new investment. In either case, the result has been to slow the introduction of cost-cutting, labor-saving machinery and, says the CEA, to slash the growth of productivity by half a percentage point each year...

Author: /time Magazine | Title: Business: Perils off the Productivity Sag | 2/5/1979 | See Source »

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