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...some households one parent bailed out of the rat race. In some cases it was the man of the house, which spawned a new catchphrase: the daddy track. For many families the recession made that decision unilaterally. One family after another fell victim to unemployment, slashed incomes, forfeited benefits and unmanageable bills. After watching their friends, relatives and others by the millions lose their jobs, Americans realized it could just as easily happen to them. During the holiday season, families cut back on shopping for presents. Keeping up with the Joneses was no longer a worry, since the Joneses were...

Author: /time Magazine | Title: Attitude of the Year: The New Frugality | 1/6/1992 | See Source »

...seems clear, though, that the world is crying out for many things from Mary, and in some fashion is receiving them. Devoted mother or militant, independent female or suffering parent, she remains one of the most compelling and evocative icons of Western civilization. Renewed expressions of her vitality and relevance are signs that millions of people are still moved by her mystery and comforted by the notion of her caring. Whatever aspect of Mary they choose to emphasize and embrace, those who seek her out surely find something only a holy mother can provide...

Author: /time Magazine | Title: Mary: Handmaid Or Feminist? | 12/30/1991 | See Source »

Unlike its main competitors, Orion, founded in 1982, lacks a rich corporate parent to help finance the skyrocketing cost of film production, marketing and distribution. To make ends meet, Orion even had to sell off the theatrical rights to a major film it had developed, The Addams Family, which already has grossed more than $67 million for rival studio Paramount Pictures...

Author: /time Magazine | Title: Hollywood: Dances with Creditors | 12/23/1991 | See Source »

...News (daily circ. 406,800) and the Times Herald (200,700) was a spirited one. But the old-fashioned newspaper war finally had a casualty. The 112-year-old Times Herald said last week it would cease publication and sell its assets for $55 million to A.H. Belo, the parent company of the Morning News. The Times Herald publisher, John Buzzetta, said he decided to shut down the paper after approaching more than 100 potential investors during the past year and finding no takers. The rival papers were equivalent in size as recently as the 1970s, but the weak Texas...

Author: /time Magazine | Title: Newspapers: Another One Bites the Dust | 12/23/1991 | See Source »

Anybody want to see this movie? Warner Bros. hopes so; the studio (whose parent company also owns TIME) helped foot JFK's $40 million tab. It is also counting on Kevin Costner, America's No. 1 homegrown movie star, to lure audiences to what is at heart a high-voltage civics quiz. Though he doesn't necessarily agree with every notion floated in the film, Costner is happy to play front man for Stone. "Oliver's a patriot," he says. "And I believe with him that the impact of this movie will be liberating. Any part of the truth...

Author: /time Magazine | Title: Oliver Stone: Who Killed J.F.K.? | 12/23/1991 | See Source »

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