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...return to economic growth. But when that happens, they add, governments must also start slashing budgets, reducing expensive state services and cutting jobs - all the things that tend to weigh economies down in good times. Why? Because they say the only way big-spending nations can avoid implementing drastic debt-reduction measures is by prompting massive GDP growth - something few observers see happening anytime soon...

Author: /time Magazine | Title: The U.S. Is Not Alone — Europe's in Debt Too | 2/2/2010 | See Source »

...government revenue came from vodka. The distillation process had improved (vodka was now filtered with charcoal and occasionally flavored), leading to increased consumption. By 1913, Russian citizens could boast one unlicensed, bootlegging distillery for every 10 households. Drunkenness was so rampant that in 1914, Czar Nicholas II took the drastic step of making alcohol illegal. (See "Fashions of the Russian Czars...

Author: /time Magazine | Title: Russians and Vodka | 1/5/2010 | See Source »

...Crimson only managed 28 points, shooting just one-of-nine from deep in the second half, but it was good enough to earn Harvard the 13-point victory—a drastic turnaround from last year’s 15-point loss to George Washington on the road...

Author: By Martin Kessler, CRIMSON STAFF WRITER | Title: Harvard Continues Strong Play, Tops GW | 12/31/2009 | See Source »

While the Obama administration has shown drastic improvement when compared with the country’s previous stance on climate negotiations, the U.S. simply must go further. Considering the conference’s imminent end, failing to act now could lead to a disappointing—and unacceptable—outcome...

Author: By The Crimson Staff | Title: Greening the Globe | 12/18/2009 | See Source »

...Whether Hasan was deranged or a terrorist is immaterial to the families of the people slaughtered at Fort Hood. The long list of red flags you listed should have alerted anyone with a shred of common sense. Drastic changes in policies and procedures should be implemented immediately, or soon the expression "military intelligence" will be interpreted as a contradiction in terms. Raoul Carubelli Oklahoma City...

Author: /time Magazine | Title: Inbox | 12/14/2009 | See Source »

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