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...University with the help of her mother's Dodge Main paychecks. Now she works as a secretary to a local psychiatrist. Most of her high school classmates have left, she says: "They settled into a lower-middle-class life in places like Warren and Dearborn." A case of upward automobility, perhaps. As Boorstin said, "The mobility that brought the people here is also the kind of mobility that, in American history, carries them elsewhere." -Barrett Seaman

Author: /time Magazine | Title: In Michigan: Goodbye, Dodge Main | 2/11/1980 | See Source »

...precious metals at astronomical heights and real estate becoming a millionaire's game, stocks are looming up as just about the only investment play still within reach of ordinary people. Says Sidney Lurie, market analyst for Josephthal & Co.: "We believe that the broad stock-price trend is upward, that the boom in collectibles is ending, and that the boom in common stock is just beginning...

Author: /time Magazine | Title: Business: Bullish Round 1 for Investors | 2/11/1980 | See Source »

...more acute arms race between the two superpowers. Secretary Brown indicated that without SALT the U.S. defense budget might have to be increased by an amount in the range of $30 billion between now and 1985. That figure is likely to be affected by the scale of Soviet efforts, upward or downward...

Author: /time Magazine | Title: Nation: An Interview with Brzezinski | 1/14/1980 | See Source »

...should adopt an energy program to slash its own oil consumption and so to alleviate upward pressure on petroleum prices in world-markets, which in turn compels developing countries to chose nuclear power. Ideally such an American program should include the decontrol of oil and gas prices (accompanied by tax relief for the hardest-hit consumers), the development of mass transit, and the adoption of solar power and conservation measures, which a group at the Business School recently said could cut the nation's energy consumption by 30 to 40 per cent...

Author: By Richard F. Strasser, | Title: National Insecurity | 1/9/1980 | See Source »

...dour old man of 79 shuffles in his heelless slippers to the rooftop and waves apathetically to crowds that surround his modest home in the holy city of Qum. The hooded eyes that glare out so balefully from beneath his black turban are often turned upward, as if seeking inspiration from on high?which, as a religious mystic, he indeed is. To Iran's Shi'ite Muslim laity, he is the Imam, an ascetic spiritual leader whose teachings are unquestioned. To hundreds of millions of others, he is a fanatic whose judgments are harsh, reasoning bizarre and conclusions surreal...

Author: /time Magazine | Title: Man Of The Year: The Mystic Who Lit The Fires of Hatred | 1/7/1980 | See Source »

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