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...many ways, the new era is a mirror image of the buoyant 1980s, when inflation and economic growth were higher and debt was desirable. Consumers, businesses and the U.S. government borrowed like mad because they figured the economic boom would keep income and salaries growing faster than the debt. Now that growth has slowed, the mentality has changed completely. The Clinton Administration is increasing taxes to fight the deficit, and consumers and corporations are frantically digging out of debt. "I encourage people to wipe the 1980s from their minds from the point of view of investment strategy, because the hyperinflation...

Author: /time Magazine | Title: How Low Can They Go? | 9/6/1993 | See Source »

Then, Harvard bureaucrats and labor union activists alike were buoyant about the prospects for the University's new president, Neil L. Rudenstine, to lead his adminstration in forging a new and friendlier relationship with...

Author: NO WRITER ATTRIBUTED | Title: Year of the WORKER | 6/10/1993 | See Source »

...tender toast to Orlando: a sensation at film festivals, a hit in Britain, and, once it opens in the U.S. next week, a bracing corrective to the cinema's annual testosterone overdose. Freely and fondly adapting Virginia Woolf's 1928 novel, English filmmaker Sally Potter brings to life a buoyant fantasy world. She imparts a brisk, lush post-modernism to a fable that scans four centuries. But Potter's real triumph is in her pert dressing of an immodest proposal. To be fully human, Orlando says, is to go civilization one better: to be man, then woman, then a blend...

Author: /time Magazine | Title: A Film of One's Own | 6/7/1993 | See Source »

...BOTTOM LINE: An activist message grafted to a buoyant rock beat produces Mad Max music you can dance...

Author: /time Magazine | Title: Riffs for The Apocalypse | 5/10/1993 | See Source »

...justice remain the same, but the lyrics are sharper, the music deeper. The band, which has been influenced by the Aboriginal cultures of the Australian outback, has forged a passionate yet never preachy style that expresses its activist instincts in elemental terms. Propelled by jagged guitar riffs and a buoyant rock beat, the 11 songs seethe with apocalyptic images derived from urban nightmares and primordial dreams. Dust storms, hurricanes and infernal conflagrations rake the world in a kind of New Age Armageddon. In the eyes of Midnight Oil, Mother Nature has been violated, and she's looking for revenge...

Author: /time Magazine | Title: Riffs for The Apocalypse | 5/10/1993 | See Source »

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