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...outright global recession, economists concede, is still a real possibility. "The risks of a deeper, wider, more prolonged downturn have escalated," the International Monetary Fund reported in its most recent global forecast; the Commerce Department said last month that in August the trade deficit ballooned $2.2 billion, to $16.8 billion. Warning signs abound that this involves more than just collapsing Asian and Latin American markets. After years of low unemployment, a number of major U.S. companies have responded to their earnings troubles with year-end job cuts, among them Merrill Lynch (3,400), Raytheon (14,000), LSI Logic...

Author: /time Magazine | Title: Business Report: The Coming Storm | 11/9/1998 | See Source »

...discussion has been better on academic grounds by the participation of a wider range of people," Scanlon said...

Author: By Gregory S. Krauss, CRIMSON STAFF WRITER | Title: Faculty Debates Affirmative Action | 11/5/1998 | See Source »

...player will no longer be extra. Chrysler hopes to overtake the Ford Explorer as the market leader. But moving up will be tough in the increasingly crowded SUV category. Newcomers include the Lexus RX300, which competes with the Cherokee on price but carries a luxury nameplate. (The Cherokee's wider track and improved power shifting make it more nimble than the RX300 in off-road driving.) Among other new SUV entrants: the Cadillac Escalade, a luxury version of the Chevrolet Tahoe, and the Suzuki Grand Viatra...

Author: /time Magazine | Title: Bigger, Faster...and Cheaper | 11/2/1998 | See Source »

...movement's founders were devout Evangelicals trying to insulate their children from what they believed was a morally depraved culture. Wichita's original home schoolers were often members of the militant antiabortion group Operation Rescue, which had a strong presence in the city. But as home schooling infiltrates the wider culture, the wider culture is starting to infiltrate home schooling. Many of the newest home schoolers are not religious. And home schooling, with its low cost, is attracting growing numbers of children who have been expelled from public school...

Author: /time Magazine | Title: Home (School) Improvement | 10/26/1998 | See Source »

...which points to a paradox. Home schooling can provide a broadly accepted, large-scale alternative to the public schools, or it can provide a true sanctuary from the wider culture. But it cannot do both, because the more attractive the movement becomes to children in the public schools, the more it will start to resemble them. Warehouse No. 2 may look like evidence that home schooling is eclipsing public education in the city of Wichita. Then again, it could be the other way around...

Author: /time Magazine | Title: Home (School) Improvement | 10/26/1998 | See Source »

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