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...consensus view of the board was that "soft" meant a growth rate of 3% to 3.5% over the next year or so. That, says Blinder, might cause unemployment "to creep up ever so slightly." But it would be another Panglossian development; it would reassure the Fed, says Blinder, that the economy had slowed enough to keep inflation in check with no need for additional interest-rate hikes...

Author: /time Magazine | Title: TIME Board of Economists: The Good Bad News | 9/25/2000 | See Source »

Many mornings, Annan wakes early. The light is just beginning to creep into the bedroom of his town house overlooking the East River. And as he lies in bed, he begins to pray. "Sometimes," he says, "I ask questions in my prayers. The world is so cruel. How can people be so cruel? What can one do?" Annan pauses for a moment and closes his eyes. "I'm still struggling with evil. I still don't understand how there can be so much evil, and I'm not sure that I will ever understand. Perhaps we all tend to project...

Author: /time Magazine | Title: The Five Virtues of Kofi Annan | 9/4/2000 | See Source »

...tell." "Lemme guess - I'll mention a name, and if I count to 10 and you haven't hung up on me, I'll know it's right!" Grin. That, of course, is the sort of trick that Woodward and Bernstein used on reluctant secretaries at CREEP...

Author: /time Magazine | Title: My Memories of Deep Throat (Not That One!) | 7/27/2000 | See Source »

...himself when he was eight years old. It takes him a bit longer to understand that Rusty--whom he at first believes to be a hallucination--is the means by which he can begin to understand why he has, at age 40, become such a cold and driven creep, the Scrooge of sterility...

Author: /time Magazine | Title: Cinema: And a Child Shall Lead Him | 7/10/2000 | See Source »

...past two years he has befriended Democratic Senator Russell Feingold, in part because they share an interest in campaign-finance reform but mainly because he admires Feingold's nerve and honesty. At the same time he has antagonized Republican Senator Mitch McConnell, mainly because he thinks he's a creep. Indeed, except on one occasion, I have been unable to detect in McCain any of the usual Republican prejudices. That exception was when I told him I was moving to Berkeley, Calif. At the thought he wrinkled up his nose as if he'd just swallowed sour milk and said...

Author: /time Magazine | Title: My Friend the Loose Cannon | 2/14/2000 | See Source »

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