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...long experience as head of an old-line investment firm, regularly expressed disdain for excessive public and private debt. Darman, meanwhile, was pressing for a "grand compromise" by which Bush and the Congress would agree to a package of spending restraints and tax hikes to bring the red ink gradually under control...

Author: /time Magazine | Title: Anatomy of a Fumble | 10/26/1992 | See Source »

There's the mother of budget travel guides, thirty-three year old, Harvard-produced Let's Go. And then there's "the new kid in town," the Berkeley Guides. Published by Fodor's, the new series is being promoted as the fresh, politically aware, soybean ink alternative to stale musings by Harvard's "snotty little rich kids...

Author: By Molly B. Confer, | Title: For the Moment | 10/15/1992 | See Source »

...programs. Such analysis is a bit like looking at clouds, since both candidates offer wispy details and imaginative arithmetic. Their vagueness is not surprising, as the federal deficit has made it almost impossible to craft a stimulative economic plan in which the numbers add up without aggravating the red ink. "They really don't have solutions because the problems are so complicated nobody can solve them, not even within the next 10 years," said the Boston Co.'s chief economist, Allen Sinai...

Author: /time Magazine | Title: Neither Bush nor Clinton is confronting the hard numbers, but at least each is proposing ... BABY STEPS | 9/28/1992 | See Source »

...panelists agreed that the deficit is a crippling burden on the economy that must be confronted in the long run. The main problem the red ink causes is soaking up savings that could otherwise be used for investments in factories and machinery and to create new jobs. Panel members said the government should move to reduce the deficit once the economy becomes strong enough to tolerate the treatment, which could mean waiting until...

Author: /time Magazine | Title: Perot: Dr. Feelbad and the Deficit | 9/28/1992 | See Source »

...biggest component of landfills -- about 40%. Despite being the most widely recycled material, newsprint is not at all easy to process or market. "Often we can't give the stuff away," says James Harvey, owner of E.L. Harvey & Sons, Inc., a Westboro, Massachusetts, hauler. Facilities to remove ink from newsprint -- a necessary step before it can be pulped to make new paper -- are enormously expensive. To justify the investment, recyclers need the sort of arrangement just announced between the city of Houston and Champion Recycling Corp. In return for building an $85 million de-inking plant, Champion Recycling, a subsidiary...

Author: /time Magazine | Title: The Recycling Bottleneck | 9/14/1992 | See Source »

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