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Crime had been falling gently since 1989, thanks to community policing strategies, a thinning in the ranks of the crackhead army and thousands of new prison beds and new cops. But as Comstat took hold in May 1994, the drop became a giddy double-digit affair, plunging farther and faster than it has done anywhere else in the country, faster than any cultural or demographic trend could explain. For two years, crime has declined in all 76 precincts. Murder is down 39%, auto theft 35%. Robberies are off by a third, burglaries by a quarter. No wonder Comstat has become...
...Crimson successfully met that goal. Cieplicki had three points in the second half, and Benton didn't start scoring until the Crimson had built a double-digit lead. The Catamounts didn't get within 10 points until there was less than 1:10 left in the game...
...potential for big payoffs. And many investors see good reason to believe they will keep on coming. Says Duncan Richardson, a portfolio manager with Eaton Vance of Boston: "We're in a world of single-digit growth. If you find an investment north of 15% a year, you're probably looking to a technology company." Byron Wien, a managing director of Morgan Stanley, feels the technology group is in a long-term growth phase rather than the kind of boomlet experienced by energy and casino stocks in the late 1970s. Mutual-fund managers with big investments in technology insist...
Like other reformed communists, Kwasniewski owes much of his success to the pain caused by economic and political transformation. Five years of double- and sometimes triple-digit inflation wiped out savings, privatization eliminated jobs, the collapse of the police state allowed crime to flourish, and cash-strapped governments cut back on social services. "Conspicuous consumption," says Oxford University's Timothy Garton Ash, has coincided with "conspicuous immiserization...
After raising close to $20 million and spending almost all of it in pursuit of the Republican presidential nomination, Phil Gramm explains his single-digit standing in the polls this way: "The people don't know...