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...increase the explosive power of his legs, Powell runs on the track with an open drag parachute trailing behind him. For variety, he sometimes tows a sled...

Author: /time Magazine | Title: Engineering the Perfect Athlete | 8/3/1992 | See Source »

...layoffs, along with ! the surge in unemployment from 7.5% in May to an eight-year high of 7.8% in June, has mooted the normal distinction between a recovery and a slump. The harsh reality is that the U.S. remains mired in a prolonged period of stagnation that threatens to drag on for years. Companies have restructured, whole industries have scaled back their work forces, and staying lean has become embedded in the corporate consciousness. "This is the end of the post- World War boom era," says employment analyst Dan Lacey, who publishes the newsletter Workplace Trends. "We are never going...

Author: /time Magazine | Title: The Great American LAYOFFS You call this a recovery? | 7/20/1992 | See Source »

While it has made similar threats before, the A.N.C. decided to break off negotiations this time because the Boipatong massacre came amid indications that De Klerk was beginning to drag his feet on ceding full-fledged democracy. He started to take a harder line immediately following the March referendum in which white voters overwhelmingly endorsed his reform program. In May, Round 2 of CODESA ended in failure largely because De Klerk's negotiators adamantly insisted on powerful checks and balances amounting to an effective white veto in a future political system. De Klerk seemed to be turning his back...

Author: /time Magazine | Title: Enemies: Black vs. Black vs. White | 7/6/1992 | See Source »

...impact here and now is bad enough. Although experts disagree about how much of a macroeconomic drag the deficit represents, there is no question that it has severely hamstrung the government. Voters have a point when they complain that Washington doesn't seem to do anything anymore except collect taxes; but they should understand that the existence of a $400 billion deficit -- created in part to pay for programs that voters themselves demanded even as they opposed new taxes -- severely limits the kinds of things the government can accomplish for the commonweal. Moreover, the size of the deficit means that...

Author: /time Magazine | Title: The Federal Deficit | 6/22/1992 | See Source »

...disrupt already weakened trade links between Ukraine and the rest of the Commonwealth. Critics argue that by insulating Ukraine from Russia, Kravchuk is trying to avoid the kind of radical market reforms demanded by international lending organizations. Kiev counters by arguing that economic subordination to Russia is a drag on Ukraine's development as a sovereign state...

Author: /time Magazine | Title: Ready To Cast Off | 6/15/1992 | See Source »

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