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...Service Co. of Indiana, Public Service Co. of New Hampshire and United Illuminating of Connecticut. All undertook ambitious nuclear power programs in the 1970's, then saw those projects threatened by antinuke sentiment after Pennsylvania's Three Mile Island accident. On top of that came searing double-digit inflation and rising interest rates that drove up construction costs to four and five times the estimates. The oil shocks of the 1970's made it all the harder for the utilities to produce cheap power. Finally, recession cut into demand for industrial and residential electricity and left many...
...downward pressure on the dollar. A steep plunge could kindle U.S. inflation by boosting the price of imports. Warned TIME Board Member Lester Thurow, an economics professor at the Massachusetts Institute of Technology: "You could get a dollar shock that could push the inflation rate close to the double-digit level a year from now." Rimmer de Vries, chief international economist for New York City's Morgan Guaranty Trust, said that the dollar may stay strong for a while longer, but acknowledged that the financial markets fear a big drop in the U.S. currency...
...insidious way to re-collect our welfare dollars," says Republican State Representative Tony Van Vliet of Oregon. Lottery enthusiasts, however, contend that different games attract different players. New York's high-stakes Lotto seems to be the pick of the upper and middle classes, while three-and four-digit numbers games appeal to a more downscale market. In Arizona, a state-funded study found that lottery regulars are predominantly white males with a median age of 36 and a household income of $20,000. Says Charlie Buri, who voted against Arizona's lottery but now serves...
...take had plummeted to $900,000. (It now averages $1.2 million a week.) "In lottery operations, you have to keep innovating to be successful," says Douglas Gordon, executive director of the Washington, B.C., lottery, which started in 1982 with an "instant" rub-off card, later added a three-digit numbers game, and last month introduced a Lotto contest...
Consider the problem of the sixty-nine digit number. The Defense Department long ago created a coding system founded on eighty digit numbers. By breaking these numbers into their respective factors, the code will be broken. A new generation of superfast computers could break down such a code in a matter of hours...