Word: loses
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Dates: during 1990-1999
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...wants to cut taxes for the middle and upper classes, but sources tell TIME his plan will feature a series of proposals aimed at lowering the tax burden on families earning between $12,500 and $30,000 a year. When poor families begin to make more money, they gradually lose benefits like housing subsidies and the Earned Income Tax Credit, which is designed to lift low-income workers out of poverty. As benefits are phased out and income taxes kick in, families in this income group often find themselves owing the government more than 50[cents] for each additional dollar...
...overwhelm the critics. Instead the Administration is concentrating on energy efficiency, which President Clinton calls a "win-win" approach, arguing that it is a win for the environment as well as the economy. But it also has political drawbacks--offending such traditional Democratic constituencies as the miners who could lose their jobs if the demand for coal drops, and rallying the opposition of powerful industries like oil and the utilities, which would face traumatic changes by a switch away from fossil fuels...
...whole set has a nice mix of gravity--heft, seriousness--and buoyancy. It's the declaration of a survivor who sings what's important to her without sweating the consequences. As she sings in Can't Lose Them All, "I could go down in history, or I could go up in smoke/ Be the center of attention or the butt of every joke." Glimmer should put Richey at the center of attention. And if she makes more albums like this one, she could make a little music history...
...there's nothing easy about it. Jake Bernstein, author of The Compleat Day Trader, estimates that only 15% of those who take up day trading make much money at it. Many lose big because they don't have the discipline to sell immediately when a stock moves against them, or they leave a lot of money on the table by being too quick to capture profits when a stock starts to move their way. Often mistakes are a result of making overly large bets. "If you have too much at risk, you're prone to acting on emotion," Bernstein says...
...potter's wheel sits still now, covered by cobwebs, in the basement. And Kathleen Kennedy Townsend, 48, the Lieutenant Governor of Maryland, has emerged as the most promising of the next wave of political Kennedys. Although she is the only Kennedy ever to lose an election--she was beaten in a congressional race in 1986--she has since been elected twice statewide. And after five years in the job, where she has focused on fighting crime and boosting economic development, she is preparing to run for Governor in 2002. Her ambitions still reach beyond the state line...