Word: saversion
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Still, a Letterman-vs.-Leno matchup would be one of the most intriguing in TV history. Though they are nearly the same age (Letterman is 45, Leno 42) and have similar roots in stand-up comedy, the two seem to represent different show-business generations. Letterman, with his subversive antics...
TIME SAVERS
If Carson created a nation of political cynics, he has also fostered a nation of show-business insiders. Not simply because of the parade of Hollywood celebrities who troop onto his show each week, but because of the , intimate, conspiratorial style of his TV persona. What Carson discovered that set...
The man most responsible for fueling the rally was Alan Greenspan. The Federal Reserve chairman engineered a drastic drop in the discount rate, which is what the Fed charges banks for borrowing money, from 7% at the beginning of the year to 3.5% at the end. Besides giving the economy...
Happy borrowers and disgruntled savers are among the winners and losers of Washington's singular reliance on interest-rate cuts as the main tool of economic policy. With the federal deficit expected to reach $350 billion in 1992, politicians are reluctant to cut taxes or increase spending in a way...