Word: prospect
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Dates: during 1990-1999
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...after 15 years of failure to get the deficit under control, are these almost predictable reactions more reflexive than real? Do the Washington lobbyists and interest groups reflect popular sentiment, or just their own Beltway impulses? To see how a community confronts the prospect, two TIME correspondents spent a month examining the federal dependence of Fargo and its surrounding county, which reap $1.30 in benefits for every $1 in taxes the citizens send to Washington. While Fargo may lack the urban woes of larger cities, its federal take closely tracks the national average, and its share of spending closely matches...
...care block grant helps with salaries, rent and utilities; Aid for Families with Dependent Children helps parents pay the centers' fees. Some benefits are too abundant: kids get meals regardless of income. But since virtually all the children at Johnson's two centers are from low-income families, the prospect of cuts angers her. "I would like to see the budget cutters walk in the shoes of our parents for a week," she says. "We're trying to get people off the system...
...That prospect dumbfounded Fort McClellan's backers. But they had a strategy. The Calhoun County Chamber of Commerce -- petrified at the impending loss of 10,000 jobs, representing 17% of the region's work force -- hired a Michigan firm to quiz Missourians about their prospective new neighbor. "Missouri said there was no public concern about this, and we decided to take the poll and find out for sure," says chamber official David Sylvester. "We found out that people didn't know it was happening...
Still, there is the prospect that in the short run, certain Americans would end up losers. Senior citizens, for instance, would not only have to bear cuts in Medicare; those who depend on investments in certificates of deposit might see their incomes drop as interest rates fall. But they could take heart from realizing that they were helping their children and children's children. "People have to make short-term, identifiable sacrifices in exchange for the promise of distant, diffuse and amorphous benefits of a stronger, healthier economy," says Martha Phillips of the Concord Coalition, an antideficit group...
...evidence against their formerly favorite running back is ironclad. And if the decision goes against their opinion, then as far as they will care to know, jury trials will be to blame. Various members of the legal profession have shown themselves to be--not surprisingly--alarmed by this prospect. Harvard law Professor Richard Parker wrote an article in the New Republic discussing the potentially disastrous ramifications of an acquittal...