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...some 90,000 products and services--everything from a half-gallon carton of milk to the daily rate of a hospital room. They are given weights that are supposed to represent a typical family's buying patterns--so much for food, so much for movie tickets, so much for auto insurance. But the current market basket represents buying patterns in the years 1982-84, not those of today...

Author: /time Magazine | Title: THE INFLATION MYTH | 12/16/1996 | See Source »

...also told them that alcohol and drugs were the two things that could ruin lives, either by leading to an auto accident or by causing addiction. They pointed out that I smoked cigarettes and drank Scotch. My answer: Had I known at age 14, when I started smoking, what we learned by the 1970s, I hope I would never have...

Author: /time Magazine | Title: WHAT I WOULD SAY... | 12/9/1996 | See Source »

...call in Aurora, Colorado, came from a woman threatening to asphyxiate herself with a garden hose connected to an auto exhaust pipe. Within minutes, nine paramedics and fire fighters aboard two pumper trucks, a battalion fire chief in a Ford Bronco and a pair of medics from a private ambulance company had converged on the scene to administer oxygen to the woman and transport her to a hospital. Across this Denver suburb, a variety of rescue scenes were being repeated in similar all-hands fashion. Boasts fire chief Ray Barnes: "When lives are at stake, we want the fullest emergency...

Author: /time Magazine | Title: AMBULANCE CHASING | 12/9/1996 | See Source »

Some bifocaled Americans remember the days when passing MGs, Alfas and Spyders--the then fashion models on cardom's runways--winked their lights at one another in acknowledgment of their superiority. The new crop of roadsters aims to revive that kind of auto envy. Among the hot new machines...

Author: /time Magazine | Title: THE ROADSTERS ARE BACK | 12/2/1996 | See Source »

Amid the growing public concern over the mortal danger of air bags, it may be hard to imagine anyone's standing up and declaring that they are among the most effective safety devices ever developed for cars and trucks. Yet that is just what auto-safety experts like Ralph Hoar believe. "The debate over air bags has always been distorted," argues Hoar, a consultant in Arlington, Virginia. "Air bags have been sold as the silver bullet that will save you or the lead one that will kill you. They have been oversold and demonized...

Author: /time Magazine | Title: THE AIR-BAG-SAFETY SAGA | 12/2/1996 | See Source »

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