Word: higher
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Dates: during 1950-1959
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...gaffs." Among the gaffs, the "geek"-usually an alcoholic who earns his bottle by biting the heads off live snakes and chickens-is the lowest form of carnival life. The Jungle Girl, who must crawl around a cage of snakes and make animal noises, is only a little higher. But sometimes the jungle girls can double usefully as "sticks"-employees who pretend to be tips in order to attract others...
Barreling Along. In the past four years, corporate profits (adjusted for inventory changes)-$41 billion in 1955-have stayed about even, while personal income has soared 19% (to $324 billion). The consumer price index in June stood at 116.2, 3 points higher than the June 1952 level. Thus, despite the inflationary pressure of a 20% increase in average weekly earnings since 1952, the cost of living has risen 7 points less than it climbed in the four years between 1948 and 1952, while the median average income ($2,323 in 1955) has gained 75% since...
...nation is spending more money ($250 billion a year) than ever before; e.g., more than 18 million new cars were sold in the past three years. Retail sales are running at the rate of $16.6 billion a year, 23% higher than the 1952 level (see The Luxury Market). But savings are also climbing. Individual savings accounts grew fatter by $5 billion in first-quarter 1956, the fastest rate of gain since the Korean war. The gross national product, sum of all goods and services produced in the U.S., was barreling along at the annual rate of $408 billion in June...
...HIGHER RAIL FARES proposed by Eastern railroads would encourage first-class passengers to ride coaches or competing airlines, thus help the railroads cut down money-losing first-class service (TIME, Aug. 13). The 45% boost in first-class fares sought by six railroads (including New York Central and Pennsylvania) would add $16.30 to New York-Chicago ticket, raise first-class fare...
...wonderful," said he, "to turn that place into a college?" Eventually, Peter Sammartino did just that, but the institution he founded was far from orthodox. Now known as Fairleigh Dickinson University, it is one man's aggressive but imaginative answer to the increasing demand for higher education...