Word: highers
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Dates: during 1990-1999
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...power in Vieques is not limited to the relatively far past of the '40s; all of the 9,300 people living in Vieques have experienced the negative effects of Navy occupation of the island. The people of Vieques live in a place where the cancer rate is 27 percent higher than the rest of Puerto Rico; 50 percent of the people are unemployed and 70 percent of the people live under the official poverty line. Vieques, where fishing has been an essential livelihood for hundreds of years, is greatly affected when most of its waters are kept off-limits during...
...Henry Ford for installing the internal-combustion engine in all his cars! Imagine if people had to choose an engine separately for a car before they bought it! Since the breakup of AT&T, my phone bills have become astronomical; since Congress "fixed" the cable-TV companies, I have higher bills and fewer channels. Now I wonder what will happen with my computer. Maybe if it ain't broke, don't fix it! SHEILA MARIA KORTLUCKE Lawrence, Kans...
...PRICE OF HAPPINESS What's a good marriage worth? Economists David Blanchflower of Dartmouth and Andrew Oswald at England's University of Warwick calculate that a lasting marriage adds happiness equivalent to an extra $100,000 a year. They also say that yes, higher income equals greater happiness; that to make up for the sadness of losing a job would require an extra $60,000 a year; and that while the gap has diminished over the years, whites are happier than blacks--about $30,000 happier...
...announced a sweeping restructuring with thousands of job cuts, and last week it reported a $3 billion loss, one of the biggest in history. The overwhelming reaction among Japan watchers was...jubilation. These days each time Mitsubishi, NEC or Hitachi announces a plant closing, the Tokyo stock market surges higher. Economists now cheer as banks that once could have bought small countries desperately merge or plead for a white knight (even foreigners are welcome) to save them from insolvency. Behind this seemingly misplaced optimism in Japan's ailing economy, however, is not so much faith in the ability of these...
...BRIGHT SIDE OF BONDS The year 1999 has been a tough one for bond investors. With interest rates going up, bond prices have declined. But higher bond yields also create opportunities for fixed-income investors. A tax swap--in which you sell a bond that has lost some of its value and then buy a similar bond in order to take a capital loss--allows you to realize the losses on your bond portfolio. "It's the first really good opportunity for a tax swap since 1994," says William Hornbarger, a fixed-income strategist at A.G. Edwards. A bond swap...