Word: maines
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Dates: during 2000-2000
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...view of many economists, interest-rate modifications are better than tax cuts as a way of combating slowdowns, in which case the main weapon of recession fighting would rest with Greenspan. All the same, Bush is hoping that he can get the Fed chairman to signal in some way that he too would agree to a big slice, perhaps during his upcoming testimony before Congress. Greenspan thinks the surplus should be used to pay down the national debt, but he would accept seeing some of it go back as a tax cut before he would allow Congress...
...kept on drawing as he always had. He often said, "My main job is to draw funny comic strips for the newspapers." He didn't set himself up as a chaplain or philosopher or therapist to the millions. He made no statements about important issues. He sat on no commissions. He went straight on with his work, even though the world begged him to change from being a commentator for a minor constituency in the 1950s to a national observer who had a great deal to say to the world at large. He wanted to be no different than anyone...
...Greenspan is also a Republican and a free-marketer, and he told Congress that he prefers tax cuts to new programs, as long as they don't flood a thriving economy with cash and pose an inflation risk. (By his own job description, Greenspan's main obsession is fighting inflation.) But Greenspan is fully aware that this business cycle, even in its current flattened form, is closer to the trough than the apex, and that's largely his doing. Tax cuts may not be the answer to the slowdown, but they probably wouldn't hurt...
David Mamet wrote and directed the film State and Main, which opens...
During an October visit to Manhattan, J.K. Rowling sat down with TIME senior editor Nancy Gibbs and talked about her books; their three main characters, Harry Potter and his two best friends at the Hogwarts School of Witchcraft and Wizardry, Hermione Granger and Ron Weasley; and what they mean to her. Here are some excerpts from the conversation...