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Extensive tax cuts for the wrong people may increase spending in the short term, but even that is not guaranteed. Bush’s first round of tax cuts was, and continues to be, notoriously ineffective at stimulating economic growth. Even if America sees some short-term benefit, we would still be left with a huge debt to pay and a costly war on terrorism to fight, a situation dreadfully similar to the Reagan-Bush years...

Author: By Stephen W. Stromberg, CRIMSON STAFF WRITER | Title: Let the Partisanship Begin | 11/7/2001 | See Source »

...Despite progress reported by the Pentagon, nobody in Washington believes the Taliban can be defeated from the air alone, and the short-term prospects of victory now rest heavily on the efforts of the Northern Alliance and any opposition forces that can be raised against the Taliban in the south...

Author: /time Magazine | Title: Afghanistan Situation Report: Week 5 | 11/6/2001 | See Source »

...employees, it is the largest victim-assistance organization in the country. To date, Safe Horizon has given 11,280 people checks averaging about $900, most of them written on the spot. It is widely viewed as one of the relief effort's most effective agencies. After targeting a need--short-term funding for people who lived and worked near ground zero--Safe Horizon's CEO Gordon Campbell approached the September 11th Fund, an arm of the United Way and New York Community Trust, which had $150 million from the Tribute to Heroes telethon but no specific mission. The fund administrators...

Author: /time Magazine | Title: The Charity Olympics | 11/5/2001 | See Source »

...says, Cambridge is a city dominated by higher-income, short-term residents. Much of his constituency has left Cambridge due to the increased cost of housing after rent control was ended by a statewide referendum in 1994, he says...

Author: By Stephanie M. Skier, CONTRIBUTING WRITER | Title: Candidate Pledges Council Reform | 10/31/2001 | See Source »

...antibiotic useful in combatting urinary tract and respiratory infections. With $1.4 billion in sales last year, Cipro is Bayer?s biggest-selling drug. As the anthrax scare spread in the U.S., Bayer?s shares bounced up about 45%. But analysts caution that the anthrax fears will produce only a short-term benefit for Bayer. "We think that the upside from Cipro is full-priced into the share price," Deutsche Bank said in an e-mail to its clients last week...

Author: /time Magazine | Title: Bayer's Silver Bullet | 10/29/2001 | See Source »

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