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...White House that's tied a 10-year tax cut to a one-year (we hope) slowdown is that once the $60 billion cavalry rides in, all Bush's hard work in bad-mouthing the economy to advance his agenda will have been wasted. He will have pulled the trigger. And the public-opinion scales will tip back toward the Democratic argument for fiscal caution...

Author: /time Magazine | Title: Will Bush Bite the Bullet on Taxes? | 3/27/2001 | See Source »

...wonder that Larry Lindsey, Bush's chief economic adviser, told USA Today on Monday that the President's prized estate-tax repeal was likely to be put off a few years. And that last week, Bush for the first time declared himself receptive to a "trigger...

Author: /time Magazine | Title: Will Bush Bite the Bullet on Taxes? | 3/27/2001 | See Source »

...perception is important here, too. "Equity markets are seen as the bellwether of economic vitality," says Parker of the Royal Bank of Scotland. It's just possible, he warns, that with the U.S. and Japanese economies in real doubt and the FTSE and dax falling, fear alone could trigger a "global contagion." Even people who haven't been seriously damaged yet could suddenly decide to stop spending and keep their money safe in the bank. But how serious is this risk? Parker guesses that "this is one virus coming over from the U.S. that isn't going to give...

Author: /time Magazine | Title: Sympathy Pains | 3/26/2001 | See Source »

Should the Washington University findings hold up, they could eventually provide drug companies with another target for treating or even preventing Alzheimer's. Perhaps more immediately, however, the results could trigger all sorts of financial and legal headaches if, for example, insurance companies start labeling mild cognitive impairment as a pre-existing condition that disqualifies patients from long-term health-care coverage. This is apart from the emotional trauma of patients realizing that they probably have an incurable disorder...

Author: /time Magazine | Title: Missing Memories | 3/26/2001 | See Source »

...Remember Wing Commander, starring Freddie Prinze Jr.? How about Super Mario Bros. with Bob Hoskins and Dennis Hopper? Probably not, or at least not fondly. Hard-core game fans, more familiar with controlling action than with merely observing it, are liable to sit in their local cineplex with itchy trigger thumbs. So Paramount is pulling out all the stops to make its flick an eye-catching thrill ride for gamers, filming in locations ranging from the lavish set at Pinewood to the legendary temples of Angkor Wat in Cambodia, bringing in Con Air's Simon West to direct and, most...

Author: /time Magazine | Title: Watch Out, Indiana, Here Comes Lara Croft | 3/26/2001 | See Source »

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