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Pursuing the same soft line, Reagan made a personal appearance at a White House meeting of agricultural editors and farm-state Congressmen to express sympathy for farmers caught in a squeeze between sagging agricultural prices and high interest rates. Said the President: "Many of our farmers must be wondering if...

Author: /time Magazine | Title: Trying to Be Mr. Nice Guy | 4/5/1982 | See Source »

Though petroleum imports into the U.S. market have dropped from 6.8 million bbl. to 4.8 million bbl. per day during the past twelve months, the slide may be simply setting the stage for a renewed supply squeeze, and a surge in imports, once the economy starts to grow again. Though...

Author: /time Magazine | Title: Dusting Off the Energy-Tax Idea | 3/29/1982 | See Source »

The greatest pressure in all likelihood will fall on precisely those industries (military aerospace, microelectronics) that are already running near capacity. Later in the decade, as the buildup moves into high gear, the resulting resources squeeze could cause severe shortages of everything from strategic materials such as titanium and graphite...

Author: /time Magazine | Title: Dangers in the Big Buildup | 3/22/1982 | See Source »

A squeeze on domestic suppliers will almost automatically send more business overseas. The U.S. once dominated the world market for machine tools, but last year 36% of new machines were installed by foreign suppliers. A surge in demand could make the U.S. even more dependent on overseas machinery. Says James...

Author: /time Magazine | Title: Dangers in the Big Buildup | 3/22/1982 | See Source »

California's lawmakers have also begun to feel the heat. Four major bills have been introduced into the state legislature, including one that would require utilities to pass cost overruns on to stockholders instead of consumers. That may not solve the current squeeze on electricity users, but it should...

Author: /time Magazine | Title: Current Shock | 3/22/1982 | See Source »

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