Word: layaway
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Dates: during 1980-1989
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...first glance, the 23-room neoclassical house seems a picture-book fantasy of wealth -- staid sweeps of off-white and gilt reflected in blue mirrors. But a closer look reveals some worn furniture that speaks of layaway plans and discount shops, pieces hauled over from the Presleys' prestardom house...
...owns the Olive Tree, a clothing and gift store in Rockford, Ill. "I find people coming through here and looking and saying 'Just browsing, thank you,' " she says. "It used to be that at this time of year they would at least try things on and put things on layaway to pick up as Christmas presents. But now everybody's apprehensive about turning loose their dollars." She estimates that her sales last week fell by 25% to 30%. "If it's a soft Christmas, I'm in trouble...
...about a one million dollar gift-certificate to McDonalds and a trip for two to Hollywood? No? Well, how about a sort of layaway plan--say, 10 thou a year for the next hundred years at four and a quarter percent interest...I'll even throw in my new Juice Newton album...