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...while the recession has been technically over for a year, this doesn't feel much like a recovery -- though many economists warn that this may be as good as it's going to get. Unemployment remains stubbornly high; the jobless rate continues to hover at 7.3%, a six-year peak, and experts say it will take a more robust rate of growth to make a dent in that figure. Typical recoveries since World War II have boasted growth rates of 5% and sometimes higher; by contrast, the current 2% rate is paltry, and unlikely to improve soon. Michael Boskin, chairman...

Author: /time Magazine | Title: Get Used to It | 5/11/1992 | See Source »

...with team confidence, enthusiasm, and morale at peak levels, the Crimson is favored by many to capture its second NCAA title in three years. Here's a look back at how Harvard earned that respect...

Author: By Peggy L. Yeh, CRIMSON STAFF WRITER | Title: Always on Top: A Look Back | 5/6/1992 | See Source »

After eight seasons on the air, The Cosby Show seems ready for retirement. It was quite a run. A hit immediately upon its debut on NBC in September 1984, the show had an amazing string of four straight years as TV's top-rated series. During its peak season (1986-87), it was watched in 34.9% of all TV homes in the country. (This season's No. 1 show, 60 Minutes, could manage only 21.9%.) It sparked a revival of the domestic sitcom, a genre that had fallen into disrepair. (Fittingly, several other long-running comedies of the same generation...

Author: /time Magazine | Title: Graduating With Honors | 5/4/1992 | See Source »

...segments, is nearing final assembly -- a 10-month process was completed last week. Four years from now it will be joined by the Keck II, an equally monstrous twin. By then, the European Southern Observatory hopes to have positioned the first of four 8.2-m telescopes atop a high peak in the Chilean Andes. Japanese astronomers and other groups around the world will be constructing telescopes of similar size and daring before the end of the century...

Author: /time Magazine | Title: Shoot for the Stars | 4/27/1992 | See Source »

...upshot: a tally of international terrorist incidents compiled by the State Department fell from a peak of 864 in 1988 to 457 in 1990, the lowest since 1977. The count rose to 557 in 1991, but about half of those occurred during the Persian Gulf war and caused minor damage and few casualties -- and even so, the count was relatively low by the standards...

Author: /time Magazine | Title: Terrorism Wanted: a New Hideout | 4/6/1992 | See Source »

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