Word: minarik
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...doesn't help that over the past 25 years the cost of housing has jumped 56% and college tuitions have rocketed 87.9% in real dollars. Joseph Minarik, executive director of the congressional Joint Economic Committee estimates that the typical 30-year-old man buying a median-priced home in 1973 incurred carrying costs equal to 21% of his income. By 1987 this had risen to 40%. For the first time since World War II, home ownership among young families is declining. Complains Karen, a 26-year-old housewife in the Chicago area: "You either buy a home, both...
Joseph J. Minarik, a Brookings Institution economist, argues that inflation has generally worked to the advantage of the poor. A number of welfare pro grams are indexed to the CPI, thus giving the poor a slightly better income than they had before. Wealthier people have lost ground, claims Minarik. Reason...
...KISS FOR LITTLE BEAR, by Else Holmelund Minarik, illustrated by Maurice Sendak (Harper & Row; $2.50). Here is one more delightful "Little Bear" story; although the tale is a little weak, Sendak's drawings are excellent...
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