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Usage:

...want a symbolic statement of opposition, we should choose symbols that do not entail costs to us, as divestment surely would...

Author: By John L. Larew, | Title: . . . Only if You Want a Civil War | 10/2/1990 | See Source »

...Margaret Thatcher, Europe's most unabashed opponent of the superstate, is increasingly the odd woman out. Other leaders, particularly Chancellor Helmut Kohl of West Germany and President Francois Mitterrand of France, seem committed to moving in the direction that Thatcher disdains -- toward forms of political and military cooperation that entail the pooling of sovereignty...

Author: /time Magazine | Title: Ideas: Sorry To See the Cold War | 8/20/1990 | See Source »

...President has finally acknowledged that shrinking the deficit will entail raising taxes. The U.S. has the lowest tax level of any country among the seven represented in Houston last week. That is a distinction that should inspire neither pride nor optimism in Americans. They will end up with the foreign policy they deserve -- which is the one they are willing to pay for. It won't be possible to remain a superpower on the cheap. If the U.S. lets other countries control the purse strings of international development, the reins of leadership will inevitably also pass into other hands...

Author: /time Magazine | Title: America Abroad: Uncle Sam as Tightwad | 7/23/1990 | See Source »

...reaching an agreement on a mix of spending cuts and new revenues that will hold the 1991 deficit to the $64 billion mandated by the Gramm-Rudman- Hollings law. They are even talking of putting off a budget agreement -- and the announcement of new "revenue enhancements" that it might entail -- until a lame-duck session of Congress begins, conveniently, after the November elections. "The tough choices have been avoided for ten years," laments California Democrat Leon Panetta, chairman of the House Budget Committee. "There's never a good time...

Author: /time Magazine | Title: Tunnel Vision Do voters finally see a need for new taxes? | 6/18/1990 | See Source »

...shake-ups in Africa's mid-belt, the real detonating force was economics. Each of these African countries overspent badly in the 1970s, suffered plunging commodity prices in the 1980s, and today finds itself flat broke. Desperate for hard currency, each has been forced into structural-readjustment programs, which entail strict and painful austerity measures, in order to obtain loans from the World Bank and the International Monetary Fund...

Author: /time Magazine | Title: Africa Continental Shift | 5/21/1990 | See Source »

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