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COVER STORIES

34

BUSINESS:

Why the Mood Is So Downbeat

Relentless layoffs and colossal debt deliver the U.S. economy a double blow

A New Deal for the '90s?

The U.S. infrastructure and educational system need major new investment

10

NATION:

Inside the MIA Mystery

The hunt for missing Americans thrives on false leads and flimsy evidence

On the Trail

A reporter's search for the truth about a U.S. flyer

1991: the Bloodiest Year Yet

25,000 murders, and '92 could be worse

Jerry Brown's Quixotic Campaign

A tough message vs. a spacy image

22

WORLD:

Europe's Right Resurgent

Across the Continent, nationalist groups are peddling raw hatred

Scrambling for Pieces of Empire

Heirs of the former Soviet Union are trying to sort out who gets what

No Gain Without Real Pain

The new economic reform in Russia is a serious step toward the free market

Now Is the Time for the West to Help

Former President Nixon argues that Yeltsin cannot be allowed to fail

A Big Win for Islamic Fundamentalism in Algeria

Even so, the vote may be mostly a rejection of the National Liberation Front

ENVIRONMENT With new technology, harnessing wind power is a breeze 48

MEDICINE For breast-cancer patients, good news about an old drug

50

TELEVISION A tantalizing time capsule of the 20th century

53

TECHNOLOGY A clock that won't lose a second for 1.6 million years

53

HISTORY J.F.K. assassination theorists churn up a murky world view 54

MUSIC Why Wagner's works should be performed in Israel 57

SPORT How to spend a (small) fortune on fitness 58

PROFILE Camille Paglia is the intellectual feminists love to hate

62

DEPARTMENTS

GRAPEVINE 9

LETTERS 4 MILESTONES 50

CRITICS' VOICES 7 PEOPLE 64

COVER Photomontage. Photograph for TIME by James Porto combined with a Depression-era scene from the Bettmann Archive; digital imaging by Alejandro Arce