home
***
CD-ROM
|
disk
|
FTP
|
other
***
search
/
TIME: Almanac 1995
/
TIME Almanac 1995.iso
/
time
/
011392
/
0113680.000
< prev
next >
Wrap
Text File
|
1994-03-25
|
2KB
|
57 lines
<text id=92TT0095>
<title>
Jan. 13, 1992: From The Publisher
</title>
<history>
TIME--The Weekly Newsmagazine--1992
Jan. 13, 1992 The Recession:How Bad Is It?
</history>
<article>
<source>Time Magazine</source>
<hdr>
FROM THE PUBLISHER, Page 8
</hdr><body>
<p> Like many of our readers, a fair sample of TIME employees
spent New Year's Day watching the back-to-back bowl games. We
could do so confident in the know ledge that senior writer John
Greenwald was hunched over his desk, writing this week's cover
story on the economic gloom pervading America. Since 1981, John
has brought diligence, common sense and level-headed analysis
to TIME's coverage of a very turbulent economic period. Last
week, though, he was struck that Americans feel the pain of this
recession so keenly. "This one is different," he says. "The
causes lie deeper. We haven't been investing in the future. Many
people wonder if it is too late."
</p>
<p> Greenwald grew up in the sunny 1950s economy of Los
Angeles, priding himself on his skills as a bodysurfer. When it
came time for college, he enrolled at the University of
California, Berkeley, planning to become a professor. By the
time he completed his bachelor's degree in English, his growing
interest in public affairs had spawned a new ambition to become
a journalist. After taking a master's in journalism from
Berkeley, Greenwald added a degree in public administration from
the John F. Kennedy School of Government at Harvard. As a
reporter and later business editor for the Minneapolis Star,
Greenwald focused on economics. Says he: "For many Americans,
the 1973 oil shock brought home for the first time the fact that
the U.S. economy was vulnerable to conditions in distant parts
of the world."
</p>
<p> Keeping track of the changes that are transforming the
American economy isn't easy. John's colleagues sometimes wonder
how he manages to do it without generating mountains of paper.
His plan for this week's cover story was outlined in a dozen or
so brief phrases on a single sheet. He admits he will break
discipline for important matters, like taking time off last
Wednesday to tune in Berkeley's 37-13 stomping of Clemson in the
Citrus Bowl. But he is reassuring: "I wasn't distracted for
long, since they had the game won in the first quarter."
</p>
<p>-- Elizabeth P. Valk
</p>
</body></article>
</text>