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...news could pose a new threat to President Clinton's re-election chances even as his stock rises on the strength of his well-received State of the Union address. "The theory is that there aren't any bad economies in an election year because governments will find short-term solutions to put off a downturn until after the election," says TIME's William McWhirter. "But this time the government might not be able to do this." Speculators are already counting on a dose of pump-priming. The Dow soared 76 points Tuesday on expectations that the Federal Reserve would...

Author: /time Magazine | Title: It's Still the Economy, Stupid | 1/30/1996 | See Source »

...bookkeeping changes up his sleeve that could lower our "official" debt and let Uncle Sam keep paying the bills. What Rubin has done to date--mostly shifting civil service pension money to accounts that aren't constrained by the debt limit--should take the government through mid-February. Such short-term cosmetic changes have no impact on the retirement funds, since they'll be repaid with interest. As the next deadline nears, frustrated Republicans hope to raise the political stakes nonetheless, calling Rubin's "evasion" of the debt limit "unconstitutional...

Author: /time Magazine | Title: HERE COMES DEFAULT LANE | 1/22/1996 | See Source »

...mission of peace [BOSNIA, Dec. 11], it is abundantly clear that the preoccupation with U.S. world leadership, nato's credibility, robust rules of military engagement, use of overwhelming force and the like have made genuine peacekeeping in Bosnia a secondary issue. This does not augur well for either its short-term or long-term success. IGOR D. RADOVIC New York City...

Author: /time Magazine | Title: Letters, Jan. 8, 1996 | 1/8/1996 | See Source »

...fresh and new and likable, and going over the top," observes Lisa Altman, vice president of Philips Classics, Josefowicz's label. "I don't think we've done that with Leila. She's got that Ivory Soap-Seventeen magazine type of appeal. We didn't want to take a short-term approach because I expect she is going to have a long, prolific career...

Author: /time Magazine | Title: MUSIC: SEDUCTIVE STRINGS | 12/11/1995 | See Source »

...just seems that affirmative action is a superficial, short-term solution," said Naima L. Workman...

Author: By Andrew S. Chang, | Title: Students Debate Affirmative Action | 11/29/1995 | See Source »

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