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...pace of price increases, actually fell at an annual rate of 3.2% in the last three months of 1993, causing some economists to scoff at the Federal Reserve's fears about a revival of inflation. ("What inflation?" Clinton growled to aides late last week.) meeting.) The Fed is on firmer ground, however, in its reported belief that too much of the recent economic growth has been fueled by cheap credit. Unable to stretch stagnant earnings far enough to buy the things they wanted, many consumers turned to borrowing or dug into savings. Mark Zandi of Regional Financial Associates, an economic...

Author: /time Magazine | Title: Recovery for Whom? | 4/25/1994 | See Source »

...take a firmer stance against Mario Lemieux...

Author: By John C. Ausiello, | Title: Spring Cleaning | 4/8/1994 | See Source »

...event, to be on the radio internationally, will be a colossal one even by Met standards. The tenors have no firmer fan than their maestro for the evening, Met music director James Levine. He bridles when critics chant the over-the-hill blues -- that Domingo has lost his top notes or that Pavarotti phones in the arias. Says Levine: "When Pavarotti sings L'Elisir d'Amore with such youth and spontaneity or Domingo explores the depths of Parsifal, now that is artistry...

Author: /time Magazine | Title: Two Knights of the Opera | 9/27/1993 | See Source »

Hata's grasp of political-reform issues is thankfully firmer than his knowledge of anatomy. He chaired the L.D.P.'s special commission to study reform in 1990 and produced widely applauded legislation to revise the system. One typical problem: most districts have several legislators, which means Liberal Democrats from different party factions must compete against one another. Since they cannot slug it out on the basis of policies, they compete in terms of patronage -- which in turn creates pressure to raise yen under the table. Hata's plan was shot down in 1991, however, when many of his colleagues...

Author: /time Magazine | Title: Born-Again Pols | 7/5/1993 | See Source »

...suit him well. His face is expressive but his delivery is awkward. As Susan, Robe resorts to clipped anunciation and a martinet's strut to connvey emotional distance. Despite Robe's best efforts. Susan remains an unplansible caricature of promiscuity and icy reserve. Robe has a much firmer grasp of Susan. Whining, shuffling, and grimacing, Susan amuses an undercurrent of threat...

Author: By John Aboud, | Title: Mismatched Bookends at the Loeb Experimental Theatre | 2/25/1993 | See Source »

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