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Unfortunately, another effect of the boom has been to raise consumer debt and the U.S. balance-of-payments deficit to alarming levels. These have added to the inflation concerns of Federal Reserve Chairman Alan Greenspan, who on Feb. 2 jacked up interest rates another quarter of a percentage point. Further tightening could spook an increasingly jittery stock market, and the pressure for a bigger boost remains strong. Much of America's current wealth could evaporate with stunning speed. Despite big average increases in disposable income, Tyson pointed out, "savings rates are still declining, and no one knows what...

Author: /time Magazine | Title: The Sky's The Limit | 2/21/2000 | See Source »

Former senator Alan K. Simpson, director of the Institute of Politics (IOP), said he plans to take advantage of the loophole in his support of Bush...

Author: By Erica R. Michelstein, CRIMSON STAFF WRITER | Title: Faculty Donate Election Dollars | 2/17/2000 | See Source »

...were. The floor manager, an imposing woman with a tight pony-tail, taught us to applaud wildly, shut-the-hell-up quickly and listen intently to Chris Matthews as he interrogated Alan Simpson and Jack Kemp. We could feel our faces burn from the sweltering lights and from the knowledge that we had no right to be in the middle of an NBC show proffering wisdom on the primaries. We write for FM, not The New Republic. Noah Oppenheim '00, the closest we had to a guru on political affairs, was the spokesman. The rest...

Author: By Jennifer Y. Hyman and Frances G. Tilney, S | Title: Fifteen Minutes: Hit me with your best shot | 2/17/2000 | See Source »

...Foundation offers a model for the structuring of future Trust committees, and S. Alan Counter, director of the Foundation, will serve as a member of the Trust committee...

Author: By Joyce K. Mcintyre, CRIMSON STAFF WRITER | Title: Radcliffe Trust Committee Holds First Meeting | 2/17/2000 | See Source »

Like a fireman pointing a hose at a smoldering house, Federal Reserve Chairman Alan Greenspan indicated Thursday morning that he will continue trying to cool off the economy before it bursts into flames. Making his biannual Humphrey Hawkins report to Congress, Greenspan again delivered the familiar sugar - the U.S. economic juggernaut is plowing on with no slowdown in sight - and then the medicine: This prosperity has to be kept at a steady pace. Financial analysts take this to mean that a substantial hike in the Fed's lending rates is in order...

Author: /time Magazine | Title: Why Rate Hikes Aren't Slowing the Economy | 2/17/2000 | See Source »

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