Word: rosee
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Dates: during 1980-1989
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More than just the stock market took a dive last month. Housing starts plunged by 8.2% in October, to an annual rate of 1.5 million, the lowest level in more than four years. Economists blamed steep mortgage rates, which rose from a national average of about 9% in January to nearly 12% by Black Monday, Oct. 19. Since the stock-market crash, mortgage rates have dipped to just below 11%, but that does not guarantee a quick recovery in the housing market. One reason, aside from the fact that many potential customers suffered big paper losses in the market meltdown...
...Michigan, Gephardt joined an up-and- coming St. Louis law firm and married Jane Ann Byrnes, a manager at a shoe company whom he had dated at Northwestern. Immersing himself in the affairs of his old south-side neighborhood, where delivery of city services was the major issue, he rose from ward committeeman to the board of aldermen by 1971. With relentless energy and a flair for press coverage, Gephardt helped residents keep grocery stores and hospitals in the neighborhood and massage parlors out. He developed a quick eye for compromise, harnessing reluctant conservative aldermen to his own group...
...watched Gary Hart surge against Walter Mondale in the Iowa caucuses. Since then, Gephardt has practically moved to Iowa; in 1986 and '87 he spent 97 days in the state. But his personal dedication and his tailor-made stances have been able to carry him only so far. He rose quickly to become one of the front runners following Gary Hart's demise last spring, but he has since stalled while Paul Simon and Michael Dukakis have moved ahead of him in recent Iowa polls...
PHOTOGRAPHY: Michele Stephenson (Associate Editor); Mary Dunn (Special Projects); Richard L. Boeth, MaryAnne Golon, Rose Keyser, Julia Richer (Assistant Editors); Linda D. Vartoogian, Helen Eisenberg (Administration); Carmine Ercolano (Operations) Researchers: Dorothy Affa Ames, Martha Bardach, Anne Callahan, Stanley Kayne, Paula Hornak Kellner, Polly J. Matthews, Gary Roberts, Nancy Smith- Alam, Melanie Stephens, Robert B. Stevens, Mary Themo...
Universities have actually grown more inimical to the sort of popular, innovative writings that Galbraith and others produced, contends Jacoby. His examples include the case of Paul Starr, 38, who rose quickly at Harvard, then was denied tenure after winning a 1984 Pulitzer Prize, the first ever awarded a sociologist. Grumbled a former departmental chairman of such popular repute: "If I want to be a free-lance journalist, then I should quit Harvard and go be a free-lance journalist...