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...unemployment climbs, inflation rises and the economy lurches toward an expected slump, economists issue dire warnings about "recessionary psychology" -- a pattern of cuts in consumer spending and investment that tends to feed the downward spiral and make any economic falloff even deeper. But there is another, more profound kind of recessionary psychology. It is measured by psychic indicators rather than economic ones. As people change their behavior in the face of layoffs, cutbacks or a sudden drop in net worth, more and more Americans find themselves clinically depressed...

Author: /time Magazine | Title: Behavior: Is The Country in a Depression? | 12/3/1990 | See Source »

...even if the relationship between the two rivals is "unstable." Not so magnanimous was Grigori Yavlinsky, a young economist who helped draft the 500-Day Plan. He offered to quit on the spot, arguing that the federal government's higher prices for grain procurement would lead to an inflation spiral. Yeltsin phrased that concern more colorfully not long ago. Trying to reconcile Kremlin caution with the market zeal of the republics, he said, is like "mating a hedgehog with a snake...

Author: /time Magazine | Title: Soviet Union No Peace for the Prizewinner | 10/29/1990 | See Source »

...Angry Voters--After watching taxes spiral upward and Massachusetts' credit rating plummet, the public vented its collective spleen last Tuesday by voting across the board against incumbents and anyone else connected with the current administration...

Author: By Adam L. Berger, | Title: Running in the Political Fall Classic | 9/22/1990 | See Source »

Even if no military clash occurs, Bush's skills will be tested further in the weeks and months ahead. Keeping the nation solidly behind him will become harder if a stalemate ensues and oil prices continue their upward spiral despite Saudi promises to increase production. Bush could insulate himself by finally pressing for a sane energy policy, but he shows no signs of even contemplating...

Author: /time Magazine | Title: The Gulf: Read My Ships | 8/20/1990 | See Source »

Increasing their velocity in Earth orbit, the spacecraft would spiral out from the planet, eventually swinging by the moon for a gravity assist that would hurl them into a trajectory toward Mars. Depending on their route and design, they could take as little as 500 days or more than 800 to reach the red planet...

Author: /time Magazine | Title: Space: Race To Mars? | 7/16/1990 | See Source »

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