Word: grandchildren
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Dates: during 1990-1999
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...household net worth derived from inheritances and family gifts jumped from 47% in 1962 to 71% in 1989, according to Wolff. "This is a radical turnaround," he says. "People used to support their parents in old age. Now the elderly are supporting their children and in many cases their grandchildren...
Americans derided Carter, a really bad president, so intensely that he will forever be remembered as really, really bad. Bush, also a really bad president, would like at least to be considered merely bad. American presidents can't help but make history, and the knowledge that his grandchildren will read about Iran-Contra, wonder why their grandfather did nothing to encourage Iraqi restraint before the Gulf War, and bear the brunt of borrow-and-spend economics probably bothers Bush...
...their investments will reveal the real reasons for their original secrecy, especially when the lists of their owners, stockholders and partners are scrutinized for other connections. Uncannily such secrecy of operations cannot help but invite comparisons with recent national scandals of S&Ls, for which results even our grandchildren will still have to pay the price of their wrongdoings. If HMC is to be considered as an integral part of the University, standing on its own bottom, then one cannot escape the conclusion that it is a very leaky bottom indeed--sinking into a quagmire of administrative inefficiency and professional...
With a raise, Collier said, "you can look forward to a few extra dollars so you don't have to worry about that." She wants to be able to help out her unemployed son-in-law and to pay for dance lessons for her grandchildren...
Rudenstine and his management team can make a difference in whether Collier's grandchildren get those dance lessons, whether Dobbie's daughter gets new clothes and whether Reid gets a vacation, the workers...