Word: affluently
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Better Class. Although the new rules create new dilemmas for candidates, they also put them all on a more even footing. No one can overwhelm the field financially, and none need feel beholden to affluent interests. "It's a helluva lot better psychologically," explains Jackson's finance coordinator, Richard Kline. Donors know they are not going to be "hit for a fortune," he adds, and "there isn't all the tension. Also, you don't have to find some donor's kid a summer job in Washington. We're dealing with a much better...
Fall Guy. Still, Sadat's principal power base is not the army but Egypt's affluent landowners and its urban upper-middle class; though those groups total fewer than 2 million people, or one-twentieth of the population, they dominate the country. When Sadat was Vice President, Nasser mocked him as "old Goha," after a legendary fall guy in Egyptian folk humor. He insisted that "Sadat's greatest ambition is to own a big automobile and have the government pay for the gasoline." But on his own, old Goha turned out to be perhaps a shrewder politician...
...such programs, Okun advocates some less-than-sweeping changes in federal tax laws. "To me," he notes, "the purpose of heavier taxation at the top of the income and wealth scale is not to bring down the affluent, but to raise up the deprived." Thus unlike some egalitarians, he would not raise taxes on salary income, remove tax breaks for homeowners or even touch the investment tax credit for businesses. But, he points out, under present law wealthy taxpayers count only half their capital gains in calculating their taxable income; Okun would reduce or even eliminate that discount. He also...
...that separates the poor from the affluent has been a prime source of tension, division and violence in American life. A critical challenge for politicians and economists alike has long been to try to find a way to soften the harsher injustices of U.S. capitalism without crippling it. That is the central dilemma that Economist Arthur Okun faces in an eminently readable, slim new book, Equality and Efficiency: The Big Tradeoff, published by the Brookings Institution in Washington...
...setting for this crime wave is not an inner-city blackboard jungle but suburban Evanston Township High School on Chicago's elm-shaded, affluent North Shore. For years the high school has been known as one of the best in the nation, and it still earns that reputation. The current senior class has nine Merit Scholars, the largest number in the school's 92-year history. Evanston's innovative curriculum offers 260 courses and programs; the campus includes a planetarium and television studio...