Word: poore
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Dates: during 1970-1979
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...ship ground into a coral reef known today as Silver Shoals. The admiral and much of his crew floated to shore on rafts lashed together from the debris, but the ship's rich cargo sank beneath the waves. Just 46 years later, Colonist William Phips, born of a poor Maine family, found the Concepción and hauled up 32 tons of silver from the barnacle-encrusted wreck. In return for one-fifth of the find, a grateful King James II of England knighted his noble servant and made him Governor of the Massachusetts Bay Colony...
Nationally, the steepest rises have come in life's necessities: food, clothing, shelter, transportation. Since poor people have less money to start with, they have been squeezed harder than the mad-as-hell middle class and affluent people. In Atlanta, however, housing is an exception. Overbuilding in recent years has held prices down. A three-bedroom house at $54,000 is still far beyond the reach of someone earning even twice as much as $6,191 a year, which is the federally set "poverty level" for a nonfarm family of four. But the average price of a house...
...small-town folks and suburbanites are not so fortunate, since they need automobiles. But farmers have been able to insulate themselves from stunning increases in food costs-up 117% since 1967-by producing much of what they eat. As a result of Medicare and Medicaid, the elderly and the poor have largely escaped the exploding cost of hospitals (medical-care services have risen 122% since 1967) and doctors...
...frustration and resentment caused by inflation that presents the gravest social peril. In that sense everyone-rich and poor, urban and rural, blue collar and white-loses if people give up believing that inflation can be checked. Americans have accepted inequalities of income in their free economic system because they felt confident of having a fair opportunity to rise and prosper in the future. If they conclude that inflation continues to rob them of that chance, they may begin to question the system. Says Arthur Garcia, 43, who supports a wife and five children on a $19,000 wage...
Thus begins this daring and unusually complex first novel, part psychological thriller (Can Al reach his friend?), part mystery (What happened to Birdy?). It is also an extended memoir of growing up poor in the 1930s, a detailed portrait of a friendship as firm as it is unlikely and an utterly plausible account of an unbelievable obsession. In classical mythology, Daedalus made wings for a practical reason, so that he and his son could escape the labyrinth. Birdy, it turns out, has built wings too, but craved much more. In his cage, he remembers: "I'm also finding...