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...slice it, the economy is sluggish. But last week the Commerce Department began highlighting the gross domestic product instead of the more familiar gross national product as its preferred gauge of the economy's health. Both measure the total output of goods and services. But the GNP, in use since 1941, covers production by a country's workers wherever they are in the world. The GDP, which the rest of the industrialized world uses, covers only the production within a nation's borders. Unfortunately, this statistical lens doesn't improve the current picture. The new figures show the economy grew...

Author: /time Magazine | Title: Economics: Grossed Out | 12/16/1991 | See Source »

...Kiev, Mihailo Avanesov, 37, a metal artisan, said as he waited to vote: "If the center no longer takes a big slice of Ukraine's pie, we'll live fine...

Author: By The ASSOCIATED Press, | Title: Ukrainians Hold Elections | 12/2/1991 | See Source »

MALA NOCHE. Come to the wild side of . . . well, Portland, Ore., for a drugged-out slice of lice in artfully grungy black and white. The first feature by Gus Van Sant, who was later beloved by critics for Drugstore Cowboy and My Own Private Idaho, this 1988 homo-erratic melodrama remains his boldest and best...

Author: /time Magazine | Title: Critics' Voices: Dec. 2, 1991 | 12/2/1991 | See Source »

...whatever you may think about affirmative action, immigration and other "hot button" issues, economic stagnation is far more responsible than these controversial social policies for the sense of shrinking opportunity off which the David Dukes feed. When the pie isn't growing, people become more obsessed with their slice...

Author: /time Magazine | Title: ESSAY David Duke and American Decline | 11/25/1991 | See Source »

Josephine Roberson positions a chalk line along the top of a sheet of plywood as Nolan Derouen flicks the taut string and imprints a fuzzy red stripe across the board. They slice the wood to size, carry it into Betty Hines' living room and nail it to the ceiling. Hines works at the back of the room, straining from the rungs of a ladder as she attaches tiles to the plywood with the aid of one of Derouen's assistants. Heavy rains, excessive groundwater and years of neglect in southern Louisiana's sugarcane region have led to creeping decay...

Author: /time Magazine | Title: Four Corners, Louisiana Raise High The Roof Beam | 11/11/1991 | See Source »

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