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Word: reductionism (lookup in dictionary) (lookup stats)
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Or so it would seem from the shrieking produced last week as the Republican-run House rammed through a measure to chop taxes by $792 billion over the next decade. President Clinton called that irresponsible behavior, fiscally speaking, and espoused a much smaller, $250 billion tax cut. Then he angrily...

Author: /time Magazine | Title: Who Needs a Tax Cut? | 8/2/1999 | See Source »

For starters, many economists doubt that huge tax cuts make sense at a time when the U.S. economy is running flat out after nearly nine years of expansion. Slashing taxes now "seems a little odd," says Cynthia Latta, principal U.S. economist for Standard & Poor's DRI. "Its support comes from...

Author: /time Magazine | Title: Who Needs a Tax Cut? | 8/2/1999 | See Source »

Greenspan left the question open, like a warning, and laid down his picks and pans: Debt reduction, which would lower interest rates and free up investment capital -- good. New spending, which neither party trusts the other to lay off of -- bad. Saving for the future ?- good. Putting all your eggs...

Author: /time Magazine | Title: If You Want to Predict the Tax Cut, Look to Alan Rather Than Bill | 7/29/1999 | See Source »

There will always be the warm memories. I was in the Oval Office one day back then, and when I walked up to the President's desk I heard giggling and thumping underneath. John-John was in what he called his cave. Once when he peeked out and White House...

Author: /time Magazine | Title: The Boy We Called John-John | 7/26/1999 | See Source »

That left the winter-green Konica Revio as my favorite, until I noticed that you can't operate the self-timer with any special settings like red-eye reduction, landscape mode or night view. Instead you have to buy a $25 remote control (also available for the Elph and Vectis...

Author: /time Magazine | Title: Flawed Gems | 7/26/1999 | See Source »

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