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...loan officer at a local bank. On paper, he is listed as management. But there may be some title inflation here: a recent Department of Labor report found some 16 million people listed as managers, executives or administrators, which means most of them must be fairly far down the ladder. And that really describes Paul. His problem is that in the last year, half the people in his department have been...

Author: /time Magazine | Title: MEET THE MEDIAN FAMILY | 1/29/1996 | See Source »

...questions that appear on the screen. Credit reports are then factored in, after which the software says yes or no. Only if it prints out maybe is Paul's input needed, and this seems to be happening less and less. Nor do things look better higher up the ladder: his bank is in the midst of being absorbed by an out-of-state firm with a reputation for thinning executive ranks. Paul, a college graduate, never thought he might one day be applying for jobless benefits. His father spent his entire career in the same company, where his security...

Author: /time Magazine | Title: MEET THE MEDIAN FAMILY | 1/29/1996 | See Source »

DIED. RICHARD VERSALLE, 63, tenor; of an apparent heart attack; at the Metropolitan Opera House in New York City. Poised on a ladder, Versalle was performing the opening scene of The Makropulos Case when he was stricken and fell to the stage. He had just sung the line, "You can only live so long...

Author: /time Magazine | Title: Milestones Jan. 15, 1996 | 1/15/1996 | See Source »

...requiem mass: reductions in welfare spending, ending welfare and Medicaid as absolute entitlements, reductions in the rate of increase in Medicaid assistance to the poor and in the rate of increase in Medicare, cuts in discretionary spending. All these affect those below the middle rung on the economic ladder...

Author: /time Magazine | Title: NEWT GINGRICH: GOOD NEWT, BAD NEWT | 12/25/1995 | See Source »

...LADDER OF YEARS by Anne Tyler (Knopf). Here's an almost perfect summer-weight, drip-dry, easy-care novel. Delia Grinstead is terminally comfortable, or nearly so, in her life as a 40-year-old wife and mother. The trouble is she has become all but invisible, even to herself. So, one day, on the faintest of whims, she wanders away from the family beach house and lights out for the territories. Such fantasies have grabbed all of us now and then, and Tyler writes her runaway's adventures not just as stylish comedy but as intriguing possibility...

Author: /time Magazine | Title: The Best Of 1995: BOOKS | 12/25/1995 | See Source »

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