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Welcome to the '90s. The bills for the good times are long overdue, and politicians are thrashing about, wondering what went wrong. By how much did federal spending outstrip revenues in the past 12 years? Several measurements are possible. For example, cumulative budget deficits over the period added more than $2 trillion to the national debt. Or you can look at the annual record and watch the deficits mount. In the Reagan-Bush years to date, the average annual deficit has been about $200 billion. In six of those 11 years, the actual amount was well in excess...

Author: /time Magazine | Title: The Federal Deficit | 6/22/1992 | See Source »

...vast developed and underdeveloped reserves which may outstrip those of even the Middle East," said Edward Gendelman, president of Wavetech Geophysical Inc., the Denver-based company coordinating the bidding...

Author: By The ASSOCIATED Press, | Title: Russia Open To Oil Bids | 11/14/1991 | See Source »

...performances), the revival of Oh! Calcutta! (5,959), Cats (3,709 through last week) and 42nd Street (3,486) -- attained all or most of their runs during the '80s. If Mackintosh's projections prove right (and others in the industry believe they will), Les Miz and Phantom will outstrip Hello, Dolly! and My Fair Lady for the ninth and 10th spots among all-time long- runners...

Author: /time Magazine | Title: They Just Keep Rolling Along | 9/2/1991 | See Source »

Ever since Thomas Malthus' 1798 Essay on the Principle of Population proposed that human fertility would outstrip the ability to produce enough food, human ingenuity has consistently belied such predictions. Books such as Paul Ehrlich's The Population Bomb in 1968 and the Club of Rome's 1972 study The Limits to Growth raised fears that unchecked population growth might lead to mass starvation. Later in the '70s, Lester Brown of Washington's Worldwatch Institute argued that the world's farmers were already pushing the practical limits of what good land, high-yield crops, irrigation and artificial fertilizers and pesticides...

Author: /time Magazine | Title: Will We Run Low On Food? | 8/19/1991 | See Source »

...Bellinger, the publisher, is the man who organized the 1985 blockade of the Mississippi River to free a Ukrainian sailor who had twice tried to defect to the U.S. by jumping ship. Alas, Bellinger's nautical skills far outstrip his editorial talents: Between the Lines is a disappointingly bland affair that lacks the right-wing vitriol of Accuracy in Media or the brass and savvy of the publications put out by the Media Research Center. A recent issue featured the entire text of a George Bush speech that the national media had unforgivably failed to reprint verbatim...

Author: /time Magazine | Title: The Media's Wacky Watchdogs | 8/5/1991 | See Source »

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