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...capital like a big leak. (In the old days, swords could at least be beaten into plowshares. Try beating a tank into a tractor.) And though the annual difference between what we and the Japanese have spent on defense -- a gap of 4 percentage points -- seems small, small numbers compound. An economy growing 3% a year for 45 years quadruples. Not bad. But an economy growing 4 points faster, at 7%, grows 21-fold! This is, very roughly, the difference in the way the Japanese and U.S. economies have expanded since 1945. And it has nothing to do with...

Author: /time Magazine | Title: Money Angles: The Future You Save May Be Your Own | 3/12/1990 | See Source »

...product is only the first in a series of substitutes being developed by such companies as Procter & Gamble, Frito-Lay and Best Foods. P&G is seeking approval for a heat-resistant, calorie-free, synthetic compound called olestra that can supposedly replace fat in almost any food...

Author: /time Magazine | Title: Health: Getting The Fat Out | 3/5/1990 | See Source »

FACT: The Cambridge water supply--which includes Harvard water--has been contaminated with abnormally high levels of a potentially carcinogenic compound for more than a year...

Author: NO WRITER ATTRIBUTED | Title: Not a Drop to Drink | 2/28/1990 | See Source »

...former prosecutor's strong ties to Harvard and the affluent segment of Cambridge may compound this image. A resident of Adams House during his undergraduate years, Weld was a member of the Fly Club, one of nine all-male final clubs, which have recently been criticized for their policy of excluding women...

Author: By Chip Cummins, | Title: Flashback or Glance Forward? | 2/13/1990 | See Source »

...kennel seemed an odd venue for a watershed event in U.S. military history. But when members of the 988th Military Police Company from Fort Benning, Ga., engaged Panamanian soldiers in a firefight at an attack-dog compound near Panama City, the American platoon was commanded by a woman: Captain Linda L. Bray, 29, of Butner, N.C. Bray, one of 771 Army women who took part in the Panama operation, had added a page to the annals of American warfare: for the first time women, who compose almost 11% of the U.S. armed forces, had engaged hostile troops in modern combat...

Author: /time Magazine | Title: Fire When Ready, Ma'am | 1/15/1990 | See Source »

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