Word: riches
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...Briton who first fell in love with Burma a decade ago, bewitched by its rich culture, breathtaking landscapes and hospitable people. Despite their isolation and the ever-present fear of arrest, I found Burmese to be worldly and eager to talk; I quickly formed lasting friendships, and Burma became the subject of my second book, The Trouser People. I returned perhaps a dozen times, witnessing changes that were usually for the worse. People grew poorer, stalked by disease and malnutrition. Inflation lurched ever upwards. Schools and hospitals crumbled with neglect. Insurgencies raged along the rugged borders. The brightest Burmese sought...
...relied on the plentiful reserves on the Norwegian continental shelf for almost all their output; last year, that area off the country's north and west shores accounted for more than four-fifths of the two firms' production. That bounty has made this nation of just 4.6 million people rich. Government taxes on the country's oil business - Norway is the world's fifth largest exporter by volume - have helped bloat Norway's national pension fund to around $350 billion. But those good times couldn't last forever. With fields beginning to dry up, oil production has slid...
...Professor Reich claims he is concerned about poverty. But it is an educated person who is statistically less likely to ever become poor or dependent on welfare. Reich editorializes against inequality (“America’s very rich are richer than ever”) but after naming the problem, he rejects a proven solution. Higher education is key to social mobility, and more donations have allowed colleges to afford financial aid initiatives. A decrease in donations received due to tax considerations would only hurt lower- and middle-class families...
...undergraduate student body more racially diverse, but aside from the institution of need-blind admissions, no similar steps had been taken to diversify along economic lines—a problem not unique to Harvard, according to Summers. “If you look across the country, dumb rich kids are more likely to go to college than smart poor kids. The message of Harvard’s availability to low-income students was very much a shrouded and unclear one,” says Summers, who is now the Eliot University professor.And so, in February 2004, Summers announced the creation...
...sister suffered worse brain injuries when their family SUV hit a patch of black ice, was making an appeal for President Bush to reconsider his veto of legislation that would have expanded the program designed to provide health coverage to children of the working poor - those who are too rich to qualify for Medicaid but unable to afford private insurance...