Word: grows
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Dates: during 1980-1989
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This week's cover stories on the joys and perils of childhood today are the children of Boston Correspondent Melissa Ludtke. A former kid herself (in Amherst, Mass., in the 1950s), she wondered what it was like to grow up in a world vastly different from the one she knew as a youngster. Ludtke located the five marvelous children whose lives form the centerpiece of the stories and spent a total of four months living with them. "My interest in children's issues began with a teenage-pregnancy story that I helped report in 1985," she relates. "The experience convinced...
...shares, at least by American standards. On the New York Stock Exchange, such price-earnings ratios run about 15 to 1, while in Tokyo the multiples are often four times as high. Nippon Telegraph & Telephone trades at 158 times its earnings. "Japanese authorities have allowed a speculative bubble to grow," warns George Soros, manager of the New York City-based Quantum Fund. "At no time in the past has a bubble of this magnitude been deflated in an orderly manner...
...money is flowing freely into the exchange once again. Many investors have shown faith in Japan's economy, which is expected to grow 4% this year. Government actions have also spurred more stock buying. Since postal-system savings accounts lost their tax-sheltered status in April, some of the $2.3 trillion invested in them has moved into the market. Also, the government has allowed life-insurance companies to boost from 3% to 5% the percentage of their assets that can be placed in special stock-investment funds, known as tokkin, which offer investors reduced exposure to capital-gains taxes...
...cartoon show, shakes her radiant pink hair and makes her magical red earrings sparkle, Bianca is transported into another world. Jem embodies what Bianca would like to be as an adult: sexy, a singer and a success. "I don't want to be a maid at hotels when I grow up," says Bianca. "That's what my auntie is. She works for a hotel in the French Quarter. I want to be a singer like Jem. I'm going to have some red star earrings like Jem's, but they don't have to be magic or powerful...
Bianca's classmates say they want to be engineers, teachers, scientists, nurses, football players, policemen. A fourth-grader named Erica writes in her journal, "When I grow up I will get married and be an engineer because I have to study some science and math and be a doctor or a teacher and for my children to have school and clothes and food and strong and healthy...