Word: medians
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Dates: during 1980-1989
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...others acquire wealth, it has been shrinking. Economic consultant and investment adviser Gary Shilling calculates that the group made up of households earning from $20,000 to $60,000 a year in inflation-adjusted 1985 dollars has dwindled from 53% of the nation in 1973 to 49% in 1985. Median family income is about $30,850, almost exactly what it was 15 years ago when inflation is factored in. But even that may overstate the fortunes of the middle class, whose living standards have gone down in several ways...
...yellow journalism. It soon won a reputation for thoughtful, analytical coverage of foreign events. In the 1970s, however, its readership began to dwindle. Worldwide circulation last year was 176,000 -- up from a 1982 low of 144,000 but still small for a national daily. Worse, the median age of its readers is a mature 58. The paper last turned a profit in 1961; this year's losses are expected to total $15 million...
Awards for black victims in civil suits are a third or sometimes even half the amount of those given to white plaintiffs. A 1985 Rand Corp. study of 9,000 civil cases in Cook County, Ill., from 1959 to 1979 found that the median award to a white in a wrongful-death auto accident was $79,000; for a black it was $58,000. Other studies show that sentences for black criminals tend to be longer than those handed down to whites convicted of similar crimes. While blacks make up only 12% of the general population, they account for nearly...
...tried to compensate. An auto-parts division of Textron based in Dover, N.H., gives some of its new white-collar employees short-term "bridge" loans for housing at below-market interest rates. Last year the state's average home price was $136,000, nearly 60% higher than the U.S. median...
...bill to limit campaign financing was filibustered to death by Republicans last February. Efforts to curb honorariums have failed because lawmakers complain they cannot get by on $89,500 a year, a lament that understandably falls on deaf ears beyond the Beltway, where the median family income...