Word: instead
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Dates: during 1990-1990
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...beauty of it," says Bradley, "is that the new system provides time for creativity in reacting to the news. Editors can preview new layouts, pictures or covers in minutes instead of hours. Even if we switch cover stories only hours before the printing deadline, the magazine still reaches the readers on schedule." That is the real payoff on our investment...
...bailout cost into the future by borrowing more money. Felix Rohatyn, the Manhattan investment banker and fiscal gadfly, proposed last week that the Government pay for the bailout with a 5% surcharge on federal income taxes, which could raise $25 billion to $35 billion a year. Borrowing the money instead, he said, would amount to "leaving it to our children to pay off our own stupidity...
Back at the historical museum, the ironies hit home. Thirty years ago, David Richmond was a radical. By now he should be a hero. Instead, he is unemployed, ready to rake leaves or paint houses to make ends meet. Although his two kids graduated from college, Richmond never did. As he talks, a young man there with his girlfriend looks up from the display. "Are you one of the guys here?" asks Bill Fox, pointing to the life-size photograph. "Wow." As they discuss the sit-ins, Richmond offers some advice about the color line. "You can choose," he says...
...Instead of a populist revolt, the legacy of the 1980s appears to be a widespread sense of civic alienation. This fall an estimated two-thirds of the electorate will not go to the polls. Large numbers of American households resisted sending back their census forms, and this year's tax-evasion gap is expected to exceed $100 billion for the first time ever. Faced with the largest financial fiasco in U.S. history -- a savings and loan bailout that could cost up to half a trillion dollars -- American taxpayers have barely uttered a peep. "People don't feel any sense...
...substantial help from a declining currency, which has made American goods less expensive overseas. Since 1985, the dollar has fallen 43% against major world currencies. American firms have also shown greater flexibility in negotiating trade deals. More U.S. companies are willing to barter or accept payment in local currency instead of dollars, notes consultant Matt Schaffer of Sand Point, Idaho, author of The Countertrade...