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Even Roach of Morgan Stanley thinks a "productivity-led recovery" could bring back the days when a rising tide really did lift all the boats. But he adds a strong caveat: "My darkest fear is of macho corporate managers who will slash and burn, and will not make a true commitment for the longer haul to expand their market share through judicious rebuilding. Then we will have hollow industries that will undermine our competitive advantage over the long haul, and that will be an unmitigated disaster for growth and jobs." Downsizing was and is a painful necessity, but bosses need...

Author: /time Magazine | Title: Recovery for Whom? | 4/25/1994 | See Source »

...smoldering debate over whether black students are getting fair treatment. Indeed, the 1974 case that is at the root of the controversy was supposedly settled 10 years ago when the Cincinnati board of education agreed to a laundry list of remedies to desegregate the schools. But there was one caveat: After seven years, the courts would review compliance. In 1991 a judge found that the schools remained deficient in three areas, including discipline, and ordered a study, which confirmed that black males were twice as likely to be suspended. Thus the controversy and the CPS offer of statistical monitoring...

Author: /time Magazine | Title: Do Teachers Punish According to Race? | 4/4/1994 | See Source »

...when students consider joining an outside health club, the message is caveat emptor: ready to prey on the discontent of Harvard students, the health club industry casts its lures and students are sometimes blinded to the fine print by the glare of bright machinery...

Author: By Amanda C. Pustilnik, | Title: Cambridge Boasts Luxurious Well-Equipped Health Clubs, But Buyers Should Beware: The MAC is Cheap and Near | 11/10/1993 | See Source »

Contractually quite flexible, Le Pli carries its own sort of caveat: it is only for those who are lithe of thigh and stout of wallet. The most expensive health club in Cambridge, it has both the most beautiful facilities and clientele...

Author: By Amanda C. Pustilnik, | Title: Cambridge Boasts Luxurious Well-Equipped Health Clubs, But Buyers Should Beware: The MAC is Cheap and Near | 11/10/1993 | See Source »

...their antecedents have. Manek assiduously instructs Feroza on how to avoid the difficulties he encountered in coming to the U.S. after she decides to extend her three-month holiday to a four-year college education. He accompanies his instruction on opening milk cartons or tamper-proof vials with the caveat, "Remember this: If you have to struggle to open something in America, you're doing it wrong. They've made everything easy. That's how a free economy works." Manek changes his name to Mike and even asks his wife to use his new name in public. The reader understands...

Author: By Anita Jain, | Title: East Meets West, Again | 10/21/1993 | See Source »

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