Word: portions
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Dates: during 1980-1989
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...commentary, "Political Machines," Steven Lichtman argues that the proposed installation of condom dispensers is a matter that does not merit the serious consideration it has received. Apparently ignoring the vast portion of the campus which has worked for or supported the proposal, he implies that the Undergraduate Council has used the issue for political motives. This conclusion is based upon a misunderstanding of the nature of the plan outlined by the council, and a line of reasoning which rambles from irrelevant facts to plain silliness. Worst of all, he ignores the facts in denying the importance of condoms...
...consumers are socking away only a token portion of their paychecks. Measured as the percentage of after-tax income that is not spent, the U.S. personal saving rate dropped from 9% in the mid-1970s to 5.1% in 1985 and a shocking 2.8% in the third quarter of this year. "We have always had a fairly low saving rate, but the current drop is very large," says Economist Barry Bosworth of the Brookings Institution. The personal saving rate looks especially paltry when compared with the thriftiness of such major trading partners as Japan (15%) and West Germany...
...Karen Peters, 43, of Orange, Calif., earns $48,000 a year as a county executive but typically keeps less than $1,000 in savings. On a recent trip to Santa Fe, she dropped $3,000 on a lithograph and a turquoise necklace. Says Peters, a widow who spends a portion of her income to help support her mother, 67, and daughter, 21: "Having money in the bank doesn't do anything for me. I figure I owe it to myself to enjoy myself...
...tospend more endowment income to run Harvard, in aneffort to take advantage of previous bull marketgrowth. Until now Harvard has reinvested the bulkof its endowment earnings--allowing the fund'spay-out rate to slip below inflation and usingother sources of income, such as tuition andfundraising, to fund a greater portion of thebudget...
...financial report said that student expenses have continued to fund the largest portion of the annual budget.Tuition paid for 33 percent or $260 million, andincome from the endowment funded 17 percent of thebudget or $134 million...