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...more forbidding quirk is the esteem promoted by the regime for industrial imagery. In its humorous form this imagery is applied to a laborer's efficiency and a program's projected output. A satellite signifies the most production possible. The best workers in the penal system are classified as rockets and the slower ones, progressively, as airplanes, locomotives, automobiles, bicycles and lastly, ox carts. Pasqualini recalls one worker who was demoted to the status of a turtle, which is not only slow, but the traditional Chinese symbol of a cuckold. However, pushed a little further, this preoccupation with mechanical efficiency...

Author: By Anemona Hartocollis, | Title: Reform Through Labor | 2/19/1976 | See Source »

...voiced support for Soviet policy toward Portugal, India and Angola-all of which have been bitterly criticized by China. At the same time, Hanoi has sought, and received, commercial contracts with Swedish, Indian, Australian and French companies. The Japanese are building a chemical fertilizer plant with a potential yearly output of 120,000 tons, and a Tokyo oil company last week was awarded exploration rights to Viet Nam's as yet unproved offshore oil reserves...

Author: /time Magazine | Title: VIET NAM: The Slow Road to Socialism | 2/16/1976 | See Source »

...respected enigma. He is seen as a model of flinty intransigence, and looks it: a gaunt, atrabilious figure of 71 with a cutting eye, he has managed to control the fate of his work more effectively than any other artist of his generation. He still owns nearly all his output, going back over four decades and comprising thousands of paintings, all closely documented and indexed. Still's canvases rarely find their way onto the market. He will not sell them except to the few collectors and fewer museums he approves of (the average U.S. museum, in Still...

Author: /time Magazine | Title: Art: Prairie Coriolanus | 2/9/1976 | See Source »

There was a consensus among the economists, however, that whatever is done about the budget will have little effect on the recovery this year. There was also general agreement with Ford's estimate that real output will expand about 6.2% this year, compared to a 2% dip last year. But the economists are worried-and sharply at odds with one another-about the impact of the budget and its $43 billion deficit (down from $76 billion in fiscal 1976) in 1977 and beyond...

Author: /time Magazine | Title: The Nation: Ford's Budget: Too Tight? Just Right? | 2/2/1976 | See Source »

...that holding down the budget will allow the Federal Reserve to pursue a more stimulative monetary policy without fanning inflation. Spending restraint, the report indicates, will also leave open the option of more or larger tax cuts if the economy needs them, and ultimately shift the use of U.S. output in the direction of more investment rather than consumption. Even so, the CEA says that new incentives for savings and investment will probably be needed if the U.S. is to reach "full employment"-now defined as any jobless rate less than 5%-after 1980. A Commerce Department study endorsed...

Author: /time Magazine | Title: OUTLOOK: Slowing in '77? | 2/2/1976 | See Source »

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