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...that the slump has begun, it poses a severe dilemma for Government policy: How far can recession-fighting measures go before they worsen the inflation that helped bring on the recession in the first place? Speaking to bankers in New Orleans last week, Treasury Secretary G. William Miller asserted that the Administration has "got to stay with fighting inflation as the No. 1 priority." Paul Volcker, chairman of the Federal Reserve Board, has indicated no relaxation of the board's tight squeeze on money supply. But the nation's central bank already has begun to dismantle the restrictions...

Author: /time Magazine | Title: Business: The Bad News Gets Worse | 6/16/1980 | See Source »

Then came the all-volunteer army and Cerce gradually became demoralized. A drill sergeant at Fort Dix, N.J., he saw instruction worsen and discipline decline. "These days we're just fooling around," says Cerce bitterly. "Basic training is a joke. My twelve-year-old daughter could go through it and pass...

Author: /time Magazine | Title: Nation: More in Sorrow than in Anger | 6/9/1980 | See Source »

Traffic and parking problems along the six-block stretch would worsen were large-scale development permitted, area resident Richard Dell predicted. "The developments are simply too intense for the surrounding neighborhoods," Dell said...

Author: By William E. Mckibben, | Title: Council Tables Downzoning, Asks Mass Ave Compromise | 6/3/1980 | See Source »

...should advocate. During the primaries he has talked of slashing income tax rates 30% over three years. At times he has sounded as though he thought the idea is an economic cureall, prompting Bush to attack him for practicing "voodoo economics." Bush contends that so drastic a slash would worsen inflation by ballooning the federal deficit...

Author: /time Magazine | Title: Nation: The End Game For Reagan | 5/19/1980 | See Source »

...also possible that as the domestic and global situation continues to worsen in the 1980s, the evangelical-charismatic phenomenon. . . could provide a growing sanctuary for millions of frightened Americans and even a recruiting ground for a repressive movement manifesting all the earmarks of an emerging fascism...

Author: By Eric B. Fried, | Title: The Gospel of a Dawning Age? | 5/7/1980 | See Source »

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