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Those bronze plaques will doubtless be followed by many more accolades, for the conservatives are seeing a new day dawning. All surveys show that a growing majority of the American people consider themselves to be conservative. There clearly is continuing discontent with Big Government and big spending. Beyond these basic concerns, a burst of new emotional issues are swelling conservative ranks and stirring their rhetoric. The Panama Canal treaty may be the most prominent concern of the moment, but the movement is thriving on such life-style issues as abortion, pornography and gay rights. In general, the resurgent right inveighs...

Author: /time Magazine | Title: The Nation: Right On for the New Right | 10/3/1977 | See Source »

...vitiate four years of academic achievement. This is true not only for college but for graduate and professional school admissions as well. The examination system may be a convenience to admissions officers who are fundamentally too lazy to devise means to assess candidates on individual merit; and it is doubtless a boon to the test authors, evaluators and proctors who regularly enjoy its moonlighting income. But it has surely demeaned education and caused widespread cynicism among students. Why indeed should pupils learn to write when the key to success is found in filling in pencil lines, rather than composing anything...

Author: /time Magazine | Title: Letters, Sep. 26, 1977 | 9/26/1977 | See Source »

There is, doubtless, truth in what he says. His closest friends have noticed a mellowing since Freddie became a family man; by all accounts, he is a devoted husband and father, and he will often break off conversations to the West Coast with a sigh: "Gotta go home and tell the kids a story...

Author: /time Magazine | Title: The Man with the Golden Gut | 9/5/1977 | See Source »

...these investors, and others like them, be lured back into the market? Perhaps, but the process will take years. Doubtless, stock prices will have their upswings in forthcoming years, and those that take the Dow average above the magic 1000 mark may stir some temporary excitement. But the essential condition for a sustained bull market is a long and strong economic advance, during which inflation simmers down well below its present rate of roughly 6%. How to produce that ideal combination is the central unresolved question of modern economics...

Author: /time Magazine | Title: Business: Roller-Coaster to Nowhere | 8/29/1977 | See Source »

...political solvent to meet the rising expectations of people and finance social welfare expenditures-cannot continue, then the tensions that are being generated will wrack every advanced industrial society and polarize the confrontation between the South ... and the advanced industrialized capitalist societies of the West." IMF directors would doubtless reply that that is a prophecy of apocalypse tomorrow-and they have their hands full warding off disaster...

Author: /time Magazine | Title: MONEY: The Lender of Last Resort | 8/15/1977 | See Source »

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