Word: dividend
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When the new decade dawned 10 months ago, the promise of a bright and peaceful new world filled the air. The U.S. and its allies had won the cold war, and Americans looked forward to raking in a substantial peace dividend as their just reward. In Europe, countries that had been bitter rivals for centuries marched toward economic partnership in 1992. Eastern Europe, mired for decades in communist stagnation, threw off its shackles and rushed to join the capitalist world. In Asia, a proud Japan stood as the world's new financial superpower and the chief lender to the rest...
Even a top carrier is lumbering. After gobbling up PSA and Piedmont in 1987 to form the sixth largest U.S. carrier, USAir is losing market share to competitors. Projecting losses of $350 million for the year, USAir last week suspended its stock dividend and postponed for one year the purchase of 16 new Boeing aircraft...
Head Start and similar preschool strategies improve academic performance in the early grades and pay vast dividends over time. President Bush has promised enough funding to put every needy child in Head Start, which Congress says will require a fivefold increase by 1994 from the present $1.55 billion a year. Both the House and the Senate have approved higher funding levels, and lawmakers will soon meet to reconcile differences between the two bills. But as the deficit mounts, the peace dividend sinks into the Persian Gulf and the savings and loan crisis chews into basic budget items, politicians may have...
...dividend from such bureaucratic cuts, to be sent to individual school districts, may not necessarily aid public education. Several studies have indicated that educational performance doesn't always improve as more money is spent on each pupil...
Back in the days when the economy was expanding, the cold war ending and the peace dividend looming large, Ronald Reagan cherished a famous fantasy about flying with Mikhail Gorbachev over the sun-soaked swatches of Southern California, with its mosaic of turquoise swimming pools and tidy lawns and fat white garages plump with new cars. "Those are the homes of American workers," he would proudly declare, describing a Hollywood dreamland where auto mechanics have summer houses and anyone can go to college...