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First, we know that some of you may receive welfare or other government benefits, such as food stamps. Over the last twenty years, we tried to wean you off these by actively reducing benefit levels and passively letting inflation bite into their value. But more and more of you kept joining the welfare rolls, so we've decided to cap benefit levels once and for all with our new block grants. And we know that the states will probably begin their anxiously awaited "race to the bottom" (trying to outdo each other in cutting services for the poor), so expect...

Author: By David W. Brown, | Title: A Plan for Everyone | 10/27/1995 | See Source »

Most mammals wean their young when they reach 40% of adult size, but bats continue nursing their offspring until they are almost fully grown. The reason: pups need the extra time to attain the large wingspan and wing surface required...

Author: /time Magazine | Title: BATS' NEW IMAGE | 8/21/1995 | See Source »

...Senate have proposed toslash farm subsidiesby as much as $9 billion over the next five years, a bipartisan House coalition is presenting an even more radical idea: eliminate the agricultural payments entirely. Rep. Charles Schumer (D-N.Y.) is co-sponsor of a bill that he says will "wean American agriculture from subsidies and move it into the free market." The bill would save $27.5 billion in federal spending during the five-year phase-out period. Although some have charged that an elimination of subsidies could lead to higher prices for consumers, TIME business reporter Bernard Baumohl thinks the opposite...

Author: /time Magazine | Title: BITTER HARVEST | 6/14/1995 | See Source »

...reliance on foreign capital. Much of those funds fled in December when the government, unable to prop up the overvalued peso any longer, let the currency float. Now Zedillo is taking the politically risky steps of slashing government spending and jacking up interest rates to slow the economy and wean it from its dependence on ``hot money''--foreign investments in securities that can easily be dumped. Says Allen Sinai, the chief economist for Lehman Bros.: ``Mexico must swallow a recession. If the government can hang in there and people can live through a year of austerity, the economy will...

Author: /time Magazine | Title: DON'T PANIC: HERE COMES BAILOUT BILL | 2/13/1995 | See Source »

Despite repeated attempts to wean Clinton from micromanagement, he remains at the hub of a dozen or more spokes, acting as his own chief of staff and still seeing as many as 30 people a day. He relies on not one top deputy but a team of four or five aides, and he turns for advice on almost any subject to practically anyone within shouting range. The centralized approach tends to reduce accountability, lengthen response time and leave Clinton trying to do too many things at once. Two weeks ago, early one morning, McLarty had to insist that the President...

Author: /time Magazine | Title: Secrets Of Success | 11/29/1993 | See Source »

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