Word: credited
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Dates: during 1980-1989
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Some shopaholics can afford what they buy, but others cannot. Brad, a telecommunications-company worker in Chicago, is 31, but his cravings have already forced him into bankruptcy -- twice. "I couldn't make my minimum payments on credit cards, and I went out and bought a new car," he notes. And when pinched for cash, "I would go to thrift stores because I had to buy something...
Society encourages spending. Buying is a national pastime. Catalogs jam % mailboxes, goodies are hawked on television shopping channels. And credit is sinfully easy. Declares Damon: "Credit cards are to a shopaholic what a bottle is to an alcoholic." But buying provides only a short-lived high. Splurgers are assailed by anxiety and guilt, sometimes as the latest acquisitions are being rung up. Even as she handed her credit card to a salesclerk, recalls Judith, 40, a New York advertising executive, "my stomach would churn in knots." At home, items often go straight to the closet in their boxes, and clothing...
...CREDIT: TIME Map by Paul J. Pugliese...
...percent of American colleges required foreign language credit for admission. In 1985, this figure stood at 8 percent...
...CREDIT: TIME Chart by Joe Lertola...