Word: saver
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While professing a horror of deficits, Washington has made them mountainous. While trumpeting tax cuts, the Federal Government last year took 19% more from the private sector than it did in 1982. Last year's farm bill, advertised as a cost saver by Democrats and Republicans, will triple (yes, triple), to $25.5 billion, the cost of supporting crops over what we paid just two years...
...ailing Frontier Airlines decided in May to sell 25 jets, about half its fleet, in order to raise $265 million. -- Major carriers have been forced into a war of so-called Ultimate Super Saver fares, which slash prices on some routes as much...
Though the tourist flood will not crest until this summer, TWA agents in New York say their bookings for Super Saver European tours in the first quarter are three times as high as last year's rate. Atlanta's Osborne Travel Agency reports sales running 100% ahead of 1984 for the firm's $4,000 tours and 200% ahead for cheaper excursions. Says the agency's president, Phil Osborne: "Beginning as early as mid-April, people are going to find Europe virtually sold out." By now, the best hotels in Paris and London are all but booked solid...
...deferred Individual Retirement Accounts. San Francisco's Continental Savings of America (assets: $346 million) last week began offering an IRA with a difference. The S and L is giving women depositors an 11.5% interest rate on new IRAs, but only 11% to men. At the higher rate, a female saver will earn nearly $47,000 more than a male if both contribute the annual individual maximum of $2,000 for 30 years. Says Susan Loughridge, a Continental senior vice president: "It's our theory that women entered the work force later and haven't planned for their retirement. This...
Mudd Library features taller stacks with narrower aisles, a big space saver, and Yale has also installed compact shelving in its Divinity School library. But Mudd can only take another 500,000 books, which isn't enough to solve the space problem in the rest of its various buildings...