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...point was not that participation is dwindling, or even that the sum total of Harvard's expenditures on athletics is too small. We were more concerned about the inequalities that coaches and athletes cite in the disbursement of those funds, and about the fact that the exact figures are kept secret...

Author: NO WRITER ATTRIBUTED | Title: Sports Series Was Another Example of Biased Journalism | 1/29/1993 | See Source »

...joking of course (wasn't he?), but it did pretty well sum up the mess...

Author: /time Magazine | Title: Money Angles: What You Can Do for Your President | 1/25/1993 | See Source »

...earlier inveighed against federal red ink from any soapbox he could find, the U.S. went from being the world's largest creditor nation to being the world's largest debtor. When Reagan took office, the budget deficit was about $74 billion, and the national debt (i.e., the sum of all previous deficits) was nearly $1 trillion. In three years the deficit had soared to $200 billion; and when George Bush steps down, he will leave behind a projected fiscal 1993 deficit of about $340 billion. Today interest on the debt consumes 20% of the federal budget, up from 15% four...

Author: /time Magazine | Title: Leaning on The Panic Button | 12/28/1992 | See Source »

...profession appears already to be a useful one, for the whole modern world is demanding its services. And it can properly aspire to be noble, for at its best its members' services can augment the sum of human welfare...

Author: By Scott Sheffield, CONTRIBUTING REPORTER | Title: Clark: Not Too Many Lawyers | 12/12/1992 | See Source »

...Vaktins spent their lifetime savings to build the two-story country house four years ago. Alexander's sister supplied construction materials cheaply, since she worked in the trade. His mother helped pay for the bricks. The dacha cost about 10,000 rubles, a sum that could have bought two cars at the time. But the property is debt free, and the Vaktins relax there every Sunday...

Author: /time Magazine | Title: Finances: The Unfulfilled Promise of Reform Means That Working-Class Families Are Just Scraping By | 12/7/1992 | See Source »

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