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■ Robert Rubin of Goldman Sachs made out like a bandit on Wall Street in the 1980s—but somehow he never became a symbol of the Greed of the Reagan years. Instead of a country-club prison, he moved into a White House office, where, however, there is much wailing and gnashing of teeth.

For Mr. Rubin’s boss promised eight million new jobs over four years, but through September he’s already about 250,000 behind the pace needed. High-wage manufacturing employment has actually fallen on Clinton’s watch— even though the nation is supposedly in the recovery phase of the business cycle. And the American Management Association forecast last month that layoffs would continue through 1994: In major U.S. corporations “downsizing has become an ongoing activity that shows no sign of abating.”

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■ Robert Rubin of Goldman Sachs made out like a bandit on Wall Street in the 1980s—but somehow he never became a symbol of the Greed of the Reagan years. Instead of a country-club prison, he moved into a White House office, where, however, there is much wailing and gnashing of teeth.

For Mr. Rubin’s boss promised eight million new jobs over four years, but through September he’s already about 250,000 behind the pace needed. High-wage manufacturing employment has actually fallen on Clinton’s watch— even though the nation is supposedly in the recovery phase of the business cycle. And the American Management Association forecast last month that layoffs would continue through 1994: In major U.S. corporations “downsizing has become an ongoing activity that shows no sign of abating.”