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...Federal Reserve's fears about a revival of inflation. ("What inflation?" Clinton growled to aides late last week.) meeting.) The Fed is on firmer ground, however, in its reported belief that too much of the recent economic growth has been fueled by cheap credit. Unable to stretch stagnant earnings far enough to buy the things they wanted, many consumers turned to borrowing or dug into savings. Mark Zandi of Regional Financial Associates, an economic forecasting firm, figures credit-card, auto and personal loans outstanding rose 7% by the end of February over a year earlier, while the personal-savings rate...

Author: /time Magazine | Title: Recovery for Whom? | 4/25/1994 | See Source »

There is, however, one family member who breaks out of this stagnant framework of relationships. 15-year-old Ellen (Mary Kate Schellhardt), with her blue eyeliner and frosted pink lipstick, is enjoying the process of growing up, and is often intolerant of the rest of the Grapes. Ellen's favorite object of criticism is Gilbert. Although Gilbert's face betrays the strain of keeping his family afloat, Ellen still haunts him daily with the words, "You gotta do better." And when Gilbert makes mistakes, or acts a little selfish, the whole town seems to echo her. He is even invited...

Author: By Katherine C. Raff, | Title: The Wrath of Grape | 1/21/1994 | See Source »

...ills, simply has to be present in any proposal to boost regulation over one-seventh of the nation's economy. Two years after the collapse of communism, and at a time when even the mild-mannered Eurosocialists are considering a four-day workweek in order to boost their % stagnant employment statistics, faith in the efficacy of state management remains surprisingly strong here. The reason is that the potential problem solvers look forward to a busy future and to the political rewards that will flow from attending to their self-imposed labors. If ambitious reform programs were administered by Martians...

Author: /time Magazine | Title: Barefoot Doctors V. Scroogecare | 1/10/1994 | See Source »

...troubles of those still suffering from the hangover of hard times. Thus, in a speech to the centrist Democratic Leadership Council Friday, the President proudly listed almost every upbeat statistic, but also took care to remark, "We have a long way to go. We are still dealing with stagnant incomes, we are still dealing with the fact that more and more people who lose their jobs lose them permanently and have to find new and different jobs...

Author: /time Magazine | Title: Who Needs a Boom? | 12/13/1993 | See Source »

Unlike a conventional weapon of war, the trade weapon cuts both ways: Both sides are injured when it is used. China, with its roaring economic growth, can afford the loss; Clinton believes that the U.S., with its stagnant economy, cannot...

Author: By Timothy P. Yu, | Title: Clinton's Reluctant Donkey | 12/3/1993 | See Source »

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