Word: owings
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...explained, "While the national income rose to high levels, it was so distributed that the incomes of the majority were entirely inadequate, and business activity was sustained only by a rapid and unsound increase in the private debt structure." Today there are disturbing parallels. Some 55% of American households owe more than they own in financial assets. And in 1985 household debt relative to disposable income reached a postwar high of 88%. Nor is economic inequality necessary for an efficient economic marketplace...
...Maybe the Republican ticket wants our children to work for foreign owners, pay rent to foreign owners and owe their future to foreign owners--but that's not the kind of future Lloyd Bentsen and I want," he said...
...Rangoon's stately turn-of-the-century Strand Hotel, which was taken over by its workers after the turmoil began last month. The pair got to know the entire staff quickly: they were the only guests, the usual trickle of foreign tourists having vanished. Both men admit they owe a great debt to their hotel "family," who watched over their well-being by maintaining a vigilant security operation and scrounging for food for them. As one staff member told them, "If the police come here, we'll chop them...
...recent successes owe much to an unprecedented new spate of diplomacy among the five permanent members of the U.N. Security Council. In January 1987, U.N. diplomats told TIME, ambassadors representing the five -- Britain, China, France, the U.S. and the Soviet Union -- began a series of regular private conclaves at the behest of the Secretary-General...
...little distinction, so long as society lawfully sanctions both treatment for drug abusers and manufacturing processes that create poisonous wastes. The problem remains: fewer and fewer communities acknowledge that they have any responsibility to share such common, unpleasant burdens. "The ultimate issue of community is, What do we owe other people?" says Dan Lewis, a Northwestern University urbanologist. "In our society, where individualism plays such an important role, we don't have a public ethic about what we owe others...