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Contrary to People [Feb. 9], I have not thrown my hat in the ring for the Democratic senatorial nomination in 1982.1 am not a candidate. I am barely at the stage known as "seriously considering a race," which means, in English, where is the money going to come from...

Author: /time Magazine | Title: Letters: Mar. 2, 1981 | 3/2/1981 | See Source »

...that the proposals to slash mass transit aid and the food stamp program and eliminate the CETA program to hire the unemployed for public-service jobs "are wrong and must not be implemented." Koch added, however: "I agree that there has to be a reduction in spending. He has thrown down the challenge; it's very reasonable. If we don't like his proposals, it's up to us to propose alternatives." Said Manhattan Investment Banker Felix Rohatyn: "We should be warned that the pain of the cutbacks is likely to offset our pleasure from tax reductions...

Author: /time Magazine | Title: Challenge to Change: Reagan calls for an end to spendthrift Big Government | 3/2/1981 | See Source »

During the last few rounds of boxing, the participants in the shuttle bout worked up a sweat by dancing around the ring. Although the roar of the crowd has been great, neither drivers nor University officials have thrown a single punch...

Author: By Andrew C. Karp, | Title: To Unionize or Not to... | 2/28/1981 | See Source »

Since Afghanistan, the U.S. has pretty much thrown away its carrots-SALT, grain sales, cultural exchanges, etc.-and resorted exclusively to waving sticks (and not very big ones at that). President Reagan has expressed a preference for open, Jackson-style, quid pro quo linkage. Henry Kissinger criticized this approach in the mid-'70s, but has now endorsed the Administration's position. He was right the first time...

Author: /time Magazine | Title: To Rebuild the Image | 2/23/1981 | See Source »

...economists, however, claimed that it was Kudlow and Rutledge who were misleading people. M.I.T.'s Lester Thurow derided their whole approach on the ground that the two economists were asking people to accept their predictions without revealing how they had been calculated. Said he: "These numbers are being thrown out of a black box. Normally, whether it is a conservative or a liberal Administration, somebody has a chance to complain about the evidence, meet the people face to face, and argue about whether it's right or wrong. These two guys are throwing out projections without ever discussing...

Author: /time Magazine | Title: Black-Box Forecasting | 2/23/1981 | See Source »

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