Word: spending
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Dates: during 1980-1989
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Curing the urge to splurge, says Harold Nathan, an economist for Wells Fargo Bank, will be a "painful, grueling process," since American consumers have so many incentives to spend rather than save. Easy credit, proconsumption tax policies and an ethic of materialism have collaborated to turn the 1980s into the Spree Decade. "You work to have what you like, when you like," explains Nino Merenda, 31, a hair stylist in Skokie, Ill. "At this stage, I'd rather have a nice car than money in the bank." In fact, Merenda owns two cars: an Alfa Romeo and a Fiat...
During the three intervening days, the students will spend most of their time in committee meetings, representing the views of their various countries in an attempt to form resolutions addressing real world problems. The 1950 delegates are divided into 20 committees, ranging in size from 12 to 200 delegates. Each committee debates on two topics and then chooses one on which to write a resolution...
...notoriously slow to adopt new and progressive course materials, changes can be seen in the way people are dealing with their own personhood. Instead of frittering away their time with chess clubs as they may have in the 1950s, Harvard students of today are far more likely to spend their time in a sexuality discussion group, grappling with issues such as whether they prefer boys, girls, neither, or both...
...because the Soviets will have to destroy four missiles for every one that the U.S. destroys. Goldman, who will attend a lunch today at which Gorbachev will be present, explained that the Soviet leader must sign the agreement because his country has economic problems and cannot afford to spend so much money on missiles...
Weekly's secret is her desire to take her savings, hoarded over many years of sweeping and scrubbing, and buy some land where she can spend the rest of her days in peace. Her problem is the arrival of Nastasya Torben, an imperious Russian emigre and former employer, newly widowed, who has unaccountably moved into the confines of Weekly's room and responsibility. After years of cultivating solitude and independence, the Newspaper of Claremont Street must confront disquieting impulses toward generosity. "Pore old Narsty," Weekly thinks about her disconsolate and unwanted roommate, and wonders how she can set herself free...