Word: roth
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Dates: during 1990-1999
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Take the narrator of the opening story, Accountant. Outwardly, as Abba Roth tells us, he is the picture of upwardly mobile success: "We live in San Rafael, California, and I work at Priebe, Emond & Farmer, the San Francisco firm, where I have worked since the last days of the Eisenhower administration. At one time or another we have owned a Shetland pony, dug a swimming pool, leased a summer cottage at Lake Tahoe, and given generously to the Israel General Fund . . ." Inwardly, he is trying to come to grips with an irrational act of petty theft he committed against...
...Mark Roth '96 feels that the weather call to his heritage. "It makes me feel Nordic," says the half-Finnish Roth...
...that low rates are the biggest reason why a disappointingly slow recovery has finally quickened into a promising advance. Raising borrowing costs now, they fear, will choke off the budding boom, in part by making purchases of such things as houses and cars harder to finance. Republican Congressman Toby Roth of Wisconsin complained to Greenspan last week, "Many of us feel that you're taking away the punch bowl as the guests are still taking their coats off." But Fed officials liken early moves against inflation to taking away the punch bowl before the party gets out of hand...
...will probably be put to a test by further Fed moves. The Clinton Administration, though dedicated to low interest rates, hopes that the rate increases will extend the recovery right into the fall of 1996; it merely expresses hope that the Fed will not raise rates too much. As Roth told Greenspan, "I think all of us in Congress realize that you have more power over the economy than we do." And more than the President...
Novelist Henry Roth breaks a 60-year silence...