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...American exports but about 100% of American worries. Cheaper Asian goods, made possible by currency devaluations, have caused the U.S. trade deficit to balloon: America is buying more from the Pacific rim and selling less. While that's good for companies like Wal-Mart and allows shoppers to buy lawn furniture and kids' clothing cheaper, economists are concerned that Asia is sucking at America's economic resilience. With Asian markets shrinking, farmers in Montana can't export as much wheat, so prices have crashed. Companies like Coca-Cola, which makes almost 80% of its profits in foreign markets, are seeing...

Author: /time Magazine | Title: When Currencies Collide | 8/24/1998 | See Source »

Then things got weirder. The Dempseys separated, and rumors spread that Kelly was having financial problems. She wore dark sunglasses and started mowing her own lawn. For a single woman, she was also dumping a lot of trash, including a good number of beer cans. And then there were the men who would knock on neighbors' doors by mistake at odd hours, asking about massages. A young woman who rented the mansion's carriage house said last week that she suspected something rotten "from the second day I lived here," and that not all the chaps who mistakenly came...

Author: /time Magazine | Title: The Best Little Whorehouse In Jersey | 8/24/1998 | See Source »

Last Friday, Hillary Clinton walked out to the White House lawn and celebrated her husband's 52nd birthday as if it were his fifth and he deserved a pony and a trip to Disneyland. Joking about how old he was getting, she led more than 100 staff members in a rousing chorus of Happy Birthday...

Author: /time Magazine | Title: Thanks, but Hillary Doesn't Want Your Sympathy | 8/24/1998 | See Source »

...where Webster debated and wars were declared and National Mushroom Month was inscribed onto the nation's calendar. Boy Scouts pose for pictures, senior citizens wear buttons and troll for a Congressman to pester, Pentecostal pilgrims deliver copies of the Ten Commandments and pray outside on the lawn, heavyweight champs and movie stars with a cause and CEOs come to call and oh, yes--the lawmakers themselves can walk the halls unmolested because no one really recognizes them unless they have a ribbon of reporters around them. The People have the run of the place; no guides required...

Author: /time Magazine | Title: Murder In The House | 8/3/1998 | See Source »

...numerous medical tests. And while Everett, 37, a $26,000-a-year mechanic in a local woolen mill, has health insurance, he was still responsible for almost $3,000 in unreimbursed expenses. The hospital's solution: to pay half the bill, Everett agreed to sand, repaint and refurbish hospital lawn chairs; Alisa is assembling a hospital photo album of doctors, staff and equipment to explain medical care to children who become patients. "I used to be ashamed to go to the post office and get all those hospital bills," Alisa says. "But when you give back a little something...

Author: /time Magazine | Title: Farmington, Maine: An Old Tradition Solves A Current Crisis | 8/3/1998 | See Source »

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