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...real reason why new cuts for 1982 are needed -namely, the failure of the economy and the credit markets to respond to the promise of upcoming tax cuts. The President did note, correctly, that inflation has fallen in recent months and that "there has even been a small crack in interest rates...

Author: /time Magazine | Title: Rough Waters Ahead | 10/5/1981 | See Source »

...European officials doubted that the Soviets would risk the wrenching consequences of an invasion, and Secretary of State Alexander Haig reiterated Washington's strong opposition to such a move in his meeting with Gromyko last week. Still, the Soviets were firmly pressuring their Polish comrades to crack down on the troublesome union just as Solidarity delegates were preparing to assemble in Gdansk for the second round of their national convention...

Author: /time Magazine | Title: Poland: How Will It All End? | 10/5/1981 | See Source »

...footwork and such Orwellian touches as the telephone confrontation between a debtor and a mechanized collection agent: "Speak to me. Your response or lack of it will become a permanent part of your record." Next week's show, a more traditional piece on modern efforts to crack the secrets of the great fiddle makers, manages to scoop Scientific American, whose October cover story on the acoustics of violins misses much of Nova's best material...

Author: /time Magazine | Title: Video: Burning Issues | 10/5/1981 | See Source »

Yale's Rich Diana keeps coming at opposing defenses until he finds a crack in the line he can exploit...

Author: By Laurence S. Grafstein, | Title: Yale's Diana Punctures Brown Defense; Penn, Dartmouth Score Opening Wins | 9/21/1981 | See Source »

This second congressional battle of the budget promises to be tough. It could, in fact, crack the solid Republican support that Reagan enjoyed this summer. Conservative hawks might balk at reductions in projected military spending. Other Republicans might flinch at deeper cuts in already lean social programs. Observes Democratic Congressman Morris Udall of Arizona: "There are 20 or 30 liberal Republicans in the House who are embarrassed with their constituencies. They can't go on [supporting Reagan] forever...

Author: /time Magazine | Title: Making It Work | 9/21/1981 | See Source »

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