Word: richer
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Dates: during 1990-1999
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Britain is a far richer market, but it remains to be seen how much the British will be willing to relax their barriers to U.S. airlines in return for approval of the USAir deal. "To just open up the American airline market, the largest in the world, without extracting any return whatever would be crazy," asserts Neil Monroe, chief spokesman for Delta. The manner in which the question is handled is viewed as a test of U.S. toughness on free trade. The precedent created in the talks with the British may be critical in negotiations later with Germany, France...
...called "code sharing," a reference to the merging of the partners' reservations systems. This ticketing practice effectively steers travelers away from competing carriers by directing them smoothly to the partner. Air Canada would feed passengers into Continental planes on Continental routes and carry American passengers into its own. The richer the markets on each side of the partnership, the greater the competitive advantage these arrangements offer in effectively screening out other carriers...
This would not be so bad if our government were spending the money it borrowed on things that will make us richer in the future. But nearly 75 percent of all federal spending goes toward the military, Social Security, Medicare and interest on the debt. Neither tanks and bombers, nor rich, healthy old golfers contribute to the future wealth and productivity of the United States...
Given the price tag on a college diploma, even comfortably middle-class parents might be forgiven for wondering where to find $100,000 to send a child to a private college for four years. Many are convinced that if they were much richer -- or much poorer -- money would not be a problem. Some view a private- college education as an entitlement, much like unlimited high-tech health care. Such attitudes harden during difficult economic times and a tight job market, when a degree from a top school becomes all the more precious just when it is hardest to afford...
Photography: Julia Richer (Associate Editor); Eleanor Taylor, Karen Zakrison (Assistant Editors...