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...classes when the team was on the road, stayed up so late studying that his basketball suffered. In a Southern Conference tournament, Thorn fired a shot at the basket from just 20 ft. away -and missed the backboard by 10 ft. Confused and exhausted, Thorn developed insomnia and a chronic sore throat. At length, he dropped out of school for a semester-for fear of getting a C on his record. "I was so sick mentally," he recalls, "that I thought I was sick physically. Finally I called Dad and told him to come get me. I just...

Author: /time Magazine | Title: Sport: The Natural Resource | 1/4/1963 | See Source »

...that recommends the federal spending of at least a million dollars on a survey to find new, faster and cheaper ways of moving people and freight through the megalopolis. Curiously, the report points out, the passenger capacity of existing intercity transportation is greater than the demand, although there is chronic congestion at the airports and along airways...

Author: /time Magazine | Title: Transportation: Megaloplar | 12/28/1962 | See Source »

...speech, the President, too, argued that the deficit resulting from tax reduction would be only temporary. What had caused the chronic budget deficits of recent years, he said, was not excessive expenditures, but a too low level of economic performance, resulting in inadequate federal revenues. "In short, it is a paradoxical truth that tax rates are too high today and tax revenues are too low -and the soundest way to raise revenues in the long run is to cut rates . . . The purpose of cutting taxes now is not to incur a budget deficit but to achieve the more prosperous, expanding...

Author: /time Magazine | Title: The Economy: The Great Consensus | 12/21/1962 | See Source »

...practical choice," he went on, "is not between a tax-cut deficit and a budget surplus. It is between two kinds of deficits-a chronic deficit of inertia, as the unwanted result of inadequate revenues and a restricted economy, or a temporary deficit of transition, resulting from a tax cut designed to boost the economy. The first type of deficit is a sign of waste and weakness; the second reflects an investment in the future...

Author: /time Magazine | Title: The Economy: The Great Consensus | 12/21/1962 | See Source »

...Kennedy is guilty of no gross censorship, he is at least chargeable, in the opinion of his critics, with an array of annoying misdemeanors. He has betrayed a chronic tendency to regard the press as a personal tool of high utility. He has refined the use of the calculated leak, a common Capitol device. Among the White House press corps, his favorites may fluctuate, but its top echelons generally include newsmen who are also close Kennedy friends. And the President has become a past master at choosing the right reporter to loft trial balloons...

Author: /time Magazine | Title: The Press: Classic Conflict: The President & the Press | 12/14/1962 | See Source »

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